Is Bladensburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bladensburg was a Buyer's Market.
Housing Prices in Bladensburg, MD
How much do homes in Bladensburg, MD cost?
Median Sold Price
$265,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bladensburg was $265,000 in April 2024, down 4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $115K | +76.9% |
2 Bedrooms | $152K | $125.5K | -17.4% |
3 Bedrooms | $272K | $325K | +19.5% |
4 Bedrooms | $317.5K | $390K | +22.8% |
5+ Bedrooms | $415K | $397.3K | -4.3% |
Summary: Bladensburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.9%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
Cheverly | $465K | $505K | +8.6% |
Hyattsville | $380K | $390K | +2.6% |
Bladensburg | $275.9K | $265K | -4.0% |
Housing Supply in Bladensburg, MD
How many homes are available in Bladensburg, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The Bladensburg real estate market had 8 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bladensburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bladensburg in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bladensburg, MD
How long does it take to sell a home in Bladensburg, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 12 Days | +300.0% |
Summary: Homes in Bladensburg had an average of 12 days on market in Apr 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Bladensburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.