Elkridge, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Elkridge, MD is $438,000, down 5.3% year-over-year. Homes sell in an average of 61 days with 35 active listings. The market is currently a seller's market.
$438,000median sale price
Is Elkridge a buyer's or seller's market?
Elkridge, MD is currently a seller's market, based on 1.8 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
61
Average pace
Active listings
35
1.8 months supply
Sale-to-list
100.2%
Above asking
Elkridge, MD market data
| Metric | Value |
|---|---|
| Median sale price | $438,000 |
| Median list price | $472,000 |
| Year-over-year price change | -5.3% |
| Average days on market | 61 days |
| Active inventory | 35 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 100.2% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Elkridge housing market is currently classified as a seller's market with a median sale price of $438,000. Prices have fallen 5.3% compared to last year, with homes spending an average of 61 days on market, indicating 1.8 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 Elkridge
There are currently 35 homes listed for sale in Elkridge, Maryland. The median listing price is $472K.
Active listings
35
Homes on market
Median list price
$472K
Avg. days on market
61
Days until sale
New this week
20
Newly listed
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Frequently asked questions
What is the average home price in Elkridge?
The median home sale price in Elkridge is $438,000, down 5.3% from last year.
How long do homes stay on market in Elkridge?
Homes typically spend 61 days on market before going under contract.
Is Elkridge a buyer's or seller's market?
With 1.8 months of supply, Elkridge is currently a seller's market.
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