Altos Market Data for Realtors

Newburg, MD

Single-Family Homes

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Newburg, MD

Tue Apr 23 2024
This week the median list price for Newburg, MD is $615,475 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 12. Click here to stay informed with the Newburg market!

Market Action Index

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

Slight Seller's Advantage

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.

Newburg, MD

Tue Apr 23 2024
This week the median list price for Newburg, MD is $615,475 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 12. Click here to stay informed with the Newburg market!

Market Action Index

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

Slight Seller's Advantage

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 Newburg market.
Median List Price $615,475
Median Price of New Listings $579,000
Per Square Foot $266
Average Days on Market 118
Median Days on Market 84
Price Decreased 33%
Price Increased 8%
Relisted 8%
Inventory 12
Median Rent
Market Action 39
Slight Seller's Advantage

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
$1,199,900 3,052 1 - 2.5 acres 4 3.3 19 0 0 63
$697,950 3,646 1 - 2.5 acres 4 3.5 0 0 0 105
$575,000 2,156 10 - 20 acres 3 2.5 29 1 0 7
$174,000 1,475 1 - 2.5 acres 2 1.3 104 0 0 266