Is Carroll County, 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, Carroll County has remained a Seller's Market.
Housing Prices in Carroll County, MD
How much do homes in Carroll County, MD cost?
Median Sold Price
$439,995
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carroll County was $439,995 in April 2024, up 5.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $200K | +25.0% |
2 Bedrooms | $270K | $294.2K | +9.0% |
3 Bedrooms | $374.9K | $375.8K | 0.2% |
4 Bedrooms | $500.6K | $534K | +6.7% |
5+ Bedrooms | $624K | $727.7K | +16.6% |
Summary: Carroll County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Counties
Baltimore County | $316.7K | $335.5K | +6.0% |
Adams County | $274.7K | $290.6K | +5.8% |
Carroll County | $417K | $439.9K | +5.5% |
Howard County | $523.8K | $550.3K | +5.1% |
Frederick County | $448K | $465.1K | +3.8% |
Housing Supply in Carroll County, MD
How many homes are available in Carroll County, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
355 | 397 | +11.8% |
Summary: The Carroll County real estate market had 397 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 38 | 41 | +7.9% |
3 Bedrooms | 148 | 154 | +4.1% |
4 Bedrooms | 116 | 144 | +24.1% |
5+ Bedrooms | 52 | 56 | +7.7% |
Summary: The Carroll County 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 increased by 7.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 101 | -17.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Carroll County in April 2024, down by 17.2% month-over-month. Of the 101 sold homes, 16% were sold under asking, 24% were sold at asking, and 60% were sold over asking.
Days on Market for Carroll County, MD
How long does it take to sell a home in Carroll County, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 15 Days | -45.9% |
Summary: Homes in Carroll County had an average of 15 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 101 homes were sold in Carroll County; 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.