Is New Windsor, 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, New Windsor has remained a Seller's Market.
Key Takeaway
New Windsor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Windsor, MD
How much do homes in New Windsor, MD cost?
Median Sold Price
$452,450
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in New Windsor have sold for 9% more than they did a year ago.
Summary: The median home sold price in New Windsor was $452,450 in April 2024, up 9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $545K | N/A |
| 2 Bedrooms | $232K | $370K | +59.5% |
| 3 Bedrooms | $414.9K | $415K | 0.0% |
| 4 Bedrooms | $442.5K | $480K | +8.5% |
| 5+ Bedrooms | $522.5K | $642.5K | +23.0% |
Summary: New Windsor 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 59.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 23%.
Housing Supply in New Windsor, MD
How many homes are available in New Windsor, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The New Windsor real estate market had 23 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The New Windsor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Windsor, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in New Windsor in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 63% were sold at asking, and 25% were sold over asking.
Days on Market for New Windsor, MD
How long does it take to sell a home in New Windsor, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 12 Days | -77.6% |
Summary: Homes in New Windsor had an average of 12 days on market in Apr 2024, down by 77.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Windsor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in New Windsor; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
