Friendship Village, MD

Buyer's market-3.7% YoY

Housing market overview · Updated weekly

$327,500median sale price

Homes sold

5

Last 12 weeks

Days on market

127

Average pace

Active listings

29

5.8 months supply

Sale-to-list

97.7%

Below asking

The Friendship Village housing market is currently classified as a buyer's market with a median sale price of $327,500. Prices have fallen 3.7% compared to last year, with homes spending an average of 127 days on market, indicating 5.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Friendship Village

There are currently 29 homes listed for sale in Friendship Village, Maryland. The median listing price is $350K.

Active listings

29

Homes on market

Median list price

$350K

Avg. days on market

127

Days until sale

New this week

11

Newly listed

Price drops:10.3%of listings
Sale-to-list:97.7%

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Frequently asked questions

What is the average home price in Friendship Village?

The median home sale price in Friendship Village is $327,500, down 3.7% from last year.

How long do homes stay on market in Friendship Village?

Homes typically spend 127 days on market before going under contract.

Is Friendship Village a buyer's or seller's market?

With 5.8 months of supply, Friendship Village is currently a buyer's market.

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