Is Havre de Grace, 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, Havre de Grace has remained a Seller's Market.
Housing Prices in Havre de Grace, MD
How much do homes in Havre de Grace, MD cost?
Median Sold Price
$390,000
$191/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in Havre de Grace was $390,000 in May 2024, the same as last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $265K | +6.0% |
2 Bedrooms | $250K | $302.5K | +21.0% |
3 Bedrooms | $364K | $375K | +3.0% |
4 Bedrooms | $444.9K | $404.9K | -9.0% |
5+ Bedrooms | $590K | $504.5K | -14.5% |
Summary: Havre de Grace housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
Aberdeen | $283.9K | $318.7K | +12.3% |
Havre de Grace | $390K | $390K | 0.0% |
Housing Supply in Havre de Grace, MD
How many homes are available in Havre de Grace, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 113 | +4.6% |
Summary: The Havre de Grace real estate market had 113 homes for sale in May 2024, a 4.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 35 | 43 | +22.9% |
4 Bedrooms | 44 | 37 | -15.9% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Havre de Grace housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Havre de Grace in May 2024, up by 9.1% month-over-month. Of the 24 sold homes, 17% were sold under asking, 63% were sold at asking, and 21% were sold over asking.
Days on Market for Havre de Grace, MD
How long does it take to sell a home in Havre de Grace, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 27 Days | +115.7% |
Summary: Homes in Havre de Grace had an average of 27 days on market in May 2024, up by 115.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Havre de Grace; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.