Delmar, MD Home Values & Market Trends
Real estate market trends reflect that there have been 109 transactions over the past year in Delmar. The median value for residential home transactions that occurred over the previous year is $266,933.84. The number of current listings in Delmar is 11, and the percentage of properties for sale in the city is 11.00%. Delmar, MD currently has 4 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 11 properties for sale.
Delmar, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21875 | $ 229,470 $ 167/sqft |
Housing Market Summary for Delmar, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $309.9K | $266.6K | -13.98% |
| Median Sold Price | $235K | $266.6K | 13.45% |
| Homes For Sale | 10 | 11 | 10.00% |
| Homes Sold | 72 | 44 | -38.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Delmar, MD
Browse Homes in Delmar, MD
Delmar home values range from $33,271 to $1,029,692. The median estimated value of a home in Delmar is $266,933.84. The median list price of a home is 244,900, and the total count of properties in the city is 2,345.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Delmar, MD with 21875 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Delmar, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $294,821 in 21875 to the lowest home value of $140,916 in 21875.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Delmar, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Delmar, MD. There is 1 zips within Delmar, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21875 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Delmar, MD. Auction homes and other auction properties account for 0.04% of all properties in Delmar, MD. There is 1 zips within Delmar, MD; of that zips, the median estimated home value for homes going to auction ranges from $437,358 in 21875 to the lowest value of $437,358 in 21875.
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Guide for Delmar, MD
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