Is Issue, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Issue was a Seller's Market.
Key Takeaway
Issue is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Issue, MD
How much do homes in Issue, MD cost?
Median Sold Price
$422,500
$161/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Issue have sold for 35.5% less than they did a month ago.
Summary: The median home sold price in Issue was $422,500 in May 2024, down 35.5% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $609.5K | - | N/A |
| 4 Bedrooms | - | $422.5K | N/A |
| 5+ Bedrooms | $892.5K | - | N/A |
Summary: Issue housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Issue, MD
How many homes are available in Issue, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Issue real estate market had 21 homes for sale in May 2024, a 31.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 11 | 16 | +45.5% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Issue housing inventory by bedroom type for May 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 66.7%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Issue, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Issue in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Issue, MD
How long does it take to sell a home in Issue, MD?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 72 Days | +53.2% |
Summary: Homes in Issue had an average of 72 days on market in May 2024, up by 53.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Issue has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Issue; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
