Altos Market Data for Realtors

Finksburg, MD

Single-Family Homes

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Finksburg, MD

Thu Mar 28 2024
This week the median list price for Finksburg, MD is $1,219,950 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has increased to 6. Click here to stay informed with the Finksburg market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Finksburg, MD

Thu Mar 28 2024
This week the median list price for Finksburg, MD is $1,219,950 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has increased to 6. Click here to stay informed with the Finksburg market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Finksburg market.
Median List Price $1,219,950
Median Price of New Listings $0
Per Square Foot $198
Average Days on Market 71
Median Days on Market 56
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 54
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$1,999,999 10,176 N/A 6 5.5 23 0 0 91
$1,857,142 3,903 2.5 - 5 acres 4 3.5 1 0 1 98
$1,219,950 5,638 2.5 - 5 acres 4 4 13 0 0 115
$492,500 2,831 0.5 - 1 acre 4 2.8 49 0 3 3