Drum Point, MD
Housing market overview · Updated weekly
$610,000median sale price
Homes sold
5
Last 12 weeks
Days on market
88
Average pace
Active listings
13
2.6 months supply
Sale-to-list
98.4%
Below asking
The Drum Point housing market is currently classified as a balanced market with a median sale price of $610,000. Prices have fallen 1.6% compared to last year, with homes spending an average of 88 days on market, indicating 2.6 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 Drum Point
There are currently 13 homes listed for sale in Drum Point, Maryland. The median listing price is $390K.
Active listings
13
Homes on market
Median list price
$390K
Avg. days on market
88
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Drum Point?
The median home sale price in Drum Point is $610,000, down 1.6% from last year.
How long do homes stay on market in Drum Point?
Homes typically spend 88 days on market before going under contract.
Is Drum Point a buyer's or seller's market?
With 2.6 months of supply, Drum Point is currently a balanced market.
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