Is Millersville, 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, Millersville has remained a Seller's Market.
Housing Prices in Millersville, MD
How much do homes in Millersville, MD cost?
Median Sold Price
$575,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Millersville was $575,000 in April 2024, up 15% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239K | - | N/A |
2 Bedrooms | $226.7K | $249.9K | +10.2% |
3 Bedrooms | $385K | $411.2K | +6.8% |
4 Bedrooms | $615K | $612.5K | -0.4% |
5+ Bedrooms | $792.5K | $900K | +13.6% |
Summary: Millersville 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 10.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 13.6%.
Housing Supply in Millersville, MD
How many homes are available in Millersville, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Summary: The Millersville real estate market had 44 homes for sale in April 2024, a 22.2% 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 | 3 | 0.0% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Millersville 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 increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 18 | +125.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Millersville in April 2024, up by 125.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.
Days on Market for Millersville, MD
How long does it take to sell a home in Millersville, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 44 Days | +200.8% |
Summary: Homes in Millersville had an average of 44 days on market in Apr 2024, up by 200.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Millersville; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.