Is Windsor Mill, 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, Windsor Mill has remained a Seller's Market.
Housing Prices in Windsor Mill, MD
How much do homes in Windsor Mill, MD cost?
Median Sold Price
$319,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Windsor Mill was $319,000 in May 2024, up 12.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $236K | $213.5K | -9.5% |
3 Bedrooms | $275K | $310K | +12.7% |
4 Bedrooms | $327.5K | $377.5K | +15.3% |
5+ Bedrooms | $364.5K | $400K | +9.7% |
Summary: Windsor Mill 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 9.5%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Windsor Mill | $284K | $319K | +12.3% |
Gwynn Oak | $270K | $290K | +7.4% |
Pikesville | $349.5K | $374.9K | +7.3% |
Randallstown | $345K | $352.5K | +2.2% |
Woodstock | $630K | $633K | 0.5% |
Housing Supply in Windsor Mill, MD
How many homes are available in Windsor Mill, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 60 | +9.1% |
Summary: The Windsor Mill real estate market had 60 homes for sale in May 2024, a 9.1% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 25 | 30 | +20.0% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Windsor Mill 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Windsor Mill in May 2024, down by 21.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for Windsor Mill, MD
How long does it take to sell a home in Windsor Mill, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 8 Days | -53.2% |
Summary: Homes in Windsor Mill had an average of 8 days on market in May 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Windsor Mill; 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.