Altos Market Data for Realtors

Dundalk, MD

Single-Family Homes

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Dundalk, MD

Tue Mar 19 2024
This week the median list price for Dundalk, MD is $299,900 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 31. Click here to stay informed with the Dundalk market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Dundalk, MD

Tue Mar 19 2024
This week the median list price for Dundalk, MD is $299,900 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 31. Click here to stay informed with the Dundalk market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Dundalk market.
Median List Price $299,900
Median Price of New Listings $239,900
Per Square Foot $157
Average Days on Market 62
Median Days on Market 49
Price Decreased 35%
Price Increased 3%
Relisted 19%
Inventory 31
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$435,000 1,939 4,500 - 6,500 sqft 3 2 76 0 0 21
$327,000 2,223 4,500 - 6,500 sqft 4 2.5 83 2 0 38
$295,995 1,888 4,500 - 6,500 sqft 3 1.5 77 1 1 66
$159,000 1,357 4,500 - 6,500 sqft 3 1.5 81 2 2 42