Altos Market Data for Realtors

Kingsville, MD

Single-Family Homes

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Kingsville, MD

Thu Apr 18 2024
This week the median list price for Kingsville, MD is $700,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 11. Click here to stay informed with the Kingsville market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Kingsville, MD

Thu Apr 18 2024
This week the median list price for Kingsville, MD is $700,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 11. Click here to stay informed with the Kingsville market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Kingsville market.
Median List Price $700,000
Median Price of New Listings $225,000
Per Square Foot $153
Average Days on Market 59
Median Days on Market 49
Price Decreased 45%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,450,000 6,396 1 - 2.5 acres 4 4 0 0 0 63
$799,999 5,377 1 - 2.5 acres 6 5 28 0 0 28
$400,000 2,792 1 - 2.5 acres 4 2 107 0 1 28
$325,000 1,826 0.5 - 1 acre 3 1.5 75 1 0 63