Fairland, MD

Balanced market+52.9% YoY

Housing market overview · Updated weekly

$592,500median sale price

Homes sold

6

Last 12 weeks

Days on market

43

Average pace

Active listings

24

4.0 months supply

Sale-to-list

99.9%

Below asking

The Fairland housing market is currently classified as a balanced market with a median sale price of $592,500. Prices have risen 52.9% compared to last year, with homes spending an average of 43 days on market, indicating 4.0 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 Fairland

There are currently 24 homes listed for sale in Fairland, Maryland. The median listing price is $490K.

Active listings

24

Homes on market

Median list price

$490K

Avg. days on market

43

Days until sale

New this week

8

Newly listed

Price drops:12.5%of listings
Sale-to-list:99.9%

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Frequently asked questions

What is the average home price in Fairland?

The median home sale price in Fairland is $592,500, up 52.9% from last year.

How long do homes stay on market in Fairland?

Homes typically spend 43 days on market before going under contract.

Is Fairland a buyer's or seller's market?

With 4.0 months of supply, Fairland is currently a balanced market.

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