Altos Market Data for Realtors

Thurmont, MD

Single-Family Homes

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Thurmont, MD

Fri Apr 26 2024
This week the median list price for Thurmont, MD is $534,900 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 5. Click here to stay informed with the Thurmont 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.

Thurmont, MD

Fri Apr 26 2024
This week the median list price for Thurmont, MD is $534,900 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 5. Click here to stay informed with the Thurmont 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 Thurmont market.
Median List Price $534,900
Median Price of New Listings $0
Per Square Foot $284
Average Days on Market 102
Median Days on Market 70
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 63
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,440,000 4,798 N/A 4 3.5 20 0 0 70
$625,000 2,290 5 - 10 acres 3 2 99 0 1 42
$534,900 1,660 2.5 - 5 acres 4 2 104 0 0 70
$511,950 1,902 0.5 - 1 acre 4 3 56 0 3 164