Is Kennedyville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kennedyville was a Seller's Market.
Housing Prices in Kennedyville, MD
How much do homes in Kennedyville, MD cost?
Median Sold Price
$205,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kennedyville was $205,500 in May 2024, up 2.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $158K | $105.7K | -33.1% |
3 Bedrooms | $300K | $267.7K | -10.8% |
4 Bedrooms | $203.5K | $237.5K | +16.7% |
5+ Bedrooms | $170K | $750K | +341.2% |
Summary: Kennedyville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.1%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 341.2%.
Median Sold Price Compared To Nearby Cities
Kennedyville | $200K | $205.5K | +2.8% |
Earleville | $350.5K | $340K | -3.0% |
Worton | $402.5K | $275K | -31.7% |
Housing Supply in Kennedyville, MD
How many homes are available in Kennedyville, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Kennedyville real estate market had 11 homes for sale in May 2024, a 22.2% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kennedyville 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Kennedyville in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kennedyville, MD
How long does it take to sell a home in Kennedyville, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 15 Days | -66.7% |
Summary: Homes in Kennedyville had an average of 15 days on market in May 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Kennedyville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.