Is Mc Henry, 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, Mc Henry was a Neutral Market.
Housing Prices in Mc Henry, MD
How much do homes in Mc Henry, MD cost?
Median Sold Price
$694,500
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mc Henry was $694,500 in May 2024, up 5.3% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40.5K | $40.5K | 0.0% |
2 Bedrooms | $286K | $382.5K | +33.7% |
3 Bedrooms | $430K | $437.5K | +1.7% |
4 Bedrooms | $755K | $775K | +2.6% |
5+ Bedrooms | $1.0M | $1.1M | +8.1% |
Summary: Mc Henry 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 increased by 33.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
Swanton | $575K | $742.5K | +29.1% |
Mc Henry | $659.5K | $694.5K | +5.3% |
Housing Supply in Mc Henry, MD
How many homes are available in Mc Henry, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 79 | +23.4% |
Summary: The Mc Henry real estate market had 79 homes for sale in May 2024, a 23.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 37 | 44 | +18.9% |
Summary: The Mc Henry 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 66.7%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 18.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mc Henry in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Henry, MD
How long does it take to sell a home in Mc Henry, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 47 Days | -6.3% |
Summary: Homes in Mc Henry had an average of 47 days on market in May 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Mc Henry; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.