Is Randallstown, 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, Randallstown has remained a Seller's Market.
Housing Prices in Randallstown, MD
How much do homes in Randallstown, MD cost?
Median Sold Price
$353,300
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Randallstown was $353,300 in April 2024, up 3.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $211.5K | $225K | +6.4% |
3 Bedrooms | $303.5K | $305K | 0.5% |
4 Bedrooms | $360K | $387K | +7.5% |
5+ Bedrooms | $420K | $412K | -1.9% |
Summary: Randallstown 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 6.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Windsor Mill | $283K | $315K | +11.3% |
Pikesville | $343.8K | $371.2K | +8.0% |
Randallstown | $340K | $353.3K | +3.9% |
Owings Mills | $340K | $351.5K | +3.4% |
Woodstock | $631K | $615.5K | -2.5% |
Housing Supply in Randallstown, MD
How many homes are available in Randallstown, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 60 | -15.5% |
Summary: The Randallstown real estate market had 60 homes for sale in April 2024, a 15.5% decrease 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 | 2 | -33.3% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 35 | 33 | -5.7% |
5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The Randallstown 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 decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 15 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Randallstown in April 2024, down by 40.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 53% were sold at asking, and 33% were sold over asking.
Days on Market for Randallstown, MD
How long does it take to sell a home in Randallstown, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 29 Days | +427.3% |
Summary: Homes in Randallstown had an average of 29 days on market in Apr 2024, up by 427.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Randallstown; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.