Burnt Mills, MD

Seller's market-4.6% YoY

Housing market overview · Updated weekly

$491,300median sale price

Homes sold

2

Last 12 weeks

Days on market

38

Average pace

Active listings

3

1.5 months supply

Sale-to-list

95.8%

Below asking

The Burnt Mills housing market is currently classified as a seller's market with a median sale price of $491,300. Prices have fallen 4.6% compared to last year, with homes spending an average of 38 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Burnt Mills

There are currently 3 homes listed for sale in Burnt Mills, Maryland. The median listing price is $525K.

Active listings

3

Homes on market

Median list price

$525K

Avg. days on market

38

Days until sale

New this week

1

Newly listed

Price drops:66.7%of listings
Sale-to-list:95.8%

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Frequently asked questions

What is the average home price in Burnt Mills?

The median home sale price in Burnt Mills is $491,300, down 4.6% from last year.

How long do homes stay on market in Burnt Mills?

Homes typically spend 38 days on market before going under contract.

Is Burnt Mills a buyer's or seller's market?

With 1.5 months of supply, Burnt Mills is currently a seller's market.

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