Is Halethorpe, 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, Halethorpe has remained a Seller's Market.
Housing Prices in Halethorpe, MD
How much do homes in Halethorpe, MD cost?
Median Sold Price
$308,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Halethorpe was $308,000 in April 2024, up 9.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $201K | $173K | -13.9% |
2 Bedrooms | $216K | $239K | +10.6% |
3 Bedrooms | $271.4K | $295K | +8.7% |
4 Bedrooms | $345K | $340K | -1.4% |
5+ Bedrooms | $386K | $370K | -4.1% |
Summary: Halethorpe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Brooklyn | $194.7K | $217.5K | +11.7% |
Halethorpe | $280.7K | $308K | +9.7% |
Catonsville | $380K | $400K | +5.3% |
Hanover | $510K | $530K | +3.9% |
Baltimore | $215K | $220K | +2.3% |
Housing Supply in Halethorpe, MD
How many homes are available in Halethorpe, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 68 | +11.5% |
Summary: The Halethorpe real estate market had 68 homes for sale in April 2024, a 11.5% 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 | 3 | 8 | +166.7% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Halethorpe 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 increased by 166.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 25 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Halethorpe in April 2024, the same as the previous month. Of the 25 sold homes, 20% were sold under asking, 24% were sold at asking, and 56% were sold over asking.
Days on Market for Halethorpe, MD
How long does it take to sell a home in Halethorpe, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 17 Days | -4.1% |
Summary: Homes in Halethorpe had an average of 17 days on market in Apr 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Halethorpe; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.