Is Point Of Rocks, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Point Of Rocks has remained a Seller's Market.
Housing Prices in Point Of Rocks, MD
How much do homes in Point Of Rocks, MD cost?
Median Sold Price
$480,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Point Of Rocks was $480,000 in May 2024, down 4% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $355K | $380K | +7.0% |
4 Bedrooms | $555K | $534K | -3.8% |
5+ Bedrooms | - | $579K | N/A |
Summary: Point Of Rocks 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 did not change, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.
Housing Supply in Point Of Rocks, MD
How many homes are available in Point Of Rocks, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Point Of Rocks real estate market had 6 homes for sale in May 2024, the same as 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 | 1 | 1 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Point Of Rocks 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Point Of Rocks in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Point Of Rocks, MD
How long does it take to sell a home in Point Of Rocks, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 19 Days | +103.6% |
Summary: Homes in Point Of Rocks had an average of 19 days on market in May 2024, up by 103.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Point Of Rocks; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.