Is Mc Henry, 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, Mc Henry has remained a Buyer's Market.
Housing Prices in Mc Henry, MD
How much do homes in Mc Henry, MD cost?
Median Sold Price
$699,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mc Henry was $699,000 in April 2024, up 2% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40.5K | $40.5K | 0.0% |
2 Bedrooms | $268K | $382.5K | +42.7% |
3 Bedrooms | $387K | $433.7K | +12.1% |
4 Bedrooms | $757K | $775K | +2.4% |
5+ Bedrooms | $1.0M | $1.0M | -2.4% |
Summary: Mc Henry 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 42.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
Swanton | $635K | $680.6K | +7.2% |
Mc Henry | $685K | $699K | +2.0% |
Housing Supply in Mc Henry, MD
How many homes are available in Mc Henry, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 60 | +7.1% |
Summary: The Mc Henry real estate market had 60 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 30 | 35 | +16.7% |
Summary: The Mc Henry 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 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mc Henry in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Mc Henry, MD
How long does it take to sell a home in Mc Henry, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
113 Days | 89 Days | -21.1% |
Summary: Homes in Mc Henry had an average of 89 days on market in Apr 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mc Henry; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.