Altos Market Data for Realtors

Millersville, MD

Single-Family Homes

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Millersville, MD

Tue Mar 19 2024
This week the median list price for Millersville, MD is $622,950 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has held steady at or around 4. Click here to stay informed with the Millersville market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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.

Millersville, MD

Tue Mar 19 2024
This week the median list price for Millersville, MD is $622,950 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has held steady at or around 4. Click here to stay informed with the Millersville market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Millersville market.
Median List Price $622,950
Median Price of New Listings $595,900
Per Square Foot $214
Average Days on Market 5
Median Days on Market 4
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 66
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
$939,000 4,054 1 - 2.5 acres 8 3.5 15 0 0 14
$650,000 3,056 0.5 - 1 acre 4 2.5 39 0 1 0
$595,900 3,106 6,500 - 8,000 sqft 4 3.5 24 1 0 0
$375,000 1,728 8,000 - 10,000 sqft 4 2 52 0 1 7