Kemp Mill, MD

Strong seller's market-37.5% YoY

Housing market overview · Updated weekly

$400,000median sale price

Homes sold

4

Last 12 weeks

Days on market

41

Average pace

Active listings

11

2.8 months supply

Sale-to-list

104.3%

Above asking

The Kemp Mill housing market is currently classified as a strong seller's market with a median sale price of $400,000. Prices have fallen 37.5% compared to last year, with homes spending an average of 41 days on market, indicating 2.8 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 Kemp Mill

There are currently 11 homes listed for sale in Kemp Mill, Maryland. The median listing price is $599K.

Active listings

11

Homes on market

Median list price

$599K

Avg. days on market

41

Days until sale

New this week

7

Newly listed

Price drops:27.3%of listings
Sale-to-list:104.3%

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Frequently asked questions

What is the average home price in Kemp Mill?

The median home sale price in Kemp Mill is $400,000, down 37.5% from last year.

How long do homes stay on market in Kemp Mill?

Homes typically spend 41 days on market before going under contract.

Is Kemp Mill a buyer's or seller's market?

With 2.8 months of supply, Kemp Mill is currently a strong seller's market.

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