Is Fallston, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fallston has remained a Seller's Market.
Key Takeaway
Fallston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fallston, MD
How much do homes in Fallston, MD cost?
Median Sold Price
$530,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fallston have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Fallston was $530,000 in April 2024, down 1.9% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $320K | N/A |
| 2 Bedrooms | $279.5K | $387.5K | +38.6% |
| 3 Bedrooms | $453.2K | $477.5K | +5.4% |
| 4 Bedrooms | $522.5K | $580K | +11.0% |
| 5+ Bedrooms | $740K | $685K | -7.4% |
Summary: Fallston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Baldwin | $599.5K | $649K | +8.3% |
| Forest Hill | $407.5K | $439K | +7.7% |
| Fallston | $540K | $530K | -1.9% |
| Kingsville | $615K | $537.5K | -12.6% |
Housing Supply in Fallston, MD
How many homes are available in Fallston, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Summary: The Fallston real estate market had 32 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Fallston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallston, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fallston in April 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Fallston, MD
How long does it take to sell a home in Fallston, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 29 Days | +36.5% |
Summary: Homes in Fallston had an average of 29 days on market in Apr 2024, up by 36.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fallston are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Fallston; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
