How does the housing market look in Lochearn? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Lochearn Maryland
Median Sale Price
$263,650
9.1%
New Listings
14
58.8%
Number of Homes Sold
18
37.9%
Median Days on Market
25
212.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in Lochearn, MD sold for a median price of $263,650, down 9.1% compared to the same period last year. The median price per square foot was $166.56, down 7.4% year-over-year. There were 18 homes sold, down from 29 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Lochearn, MD was 38, down 38.7% compared to last year. In the last 30 days, 14 new homes were listed for sale, down 58.8% year-over-year. The median days on market was 25, up from 8 days last year. The months of supply was 0.78, down from 0.97 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Lochearn, MD had a median sale-to-list-price ratio of 102.69%, up 1.4 pt compared to the same period last year. 70.59% of homes sold above list price, up 9.9 pt year-over-year. 29.41% of homes listed dropped in price, up 11.6 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In Lochearn
Coldwell Banker Realty • MLS MDBC2063206 • Status: Active
C. Jones & Associates, Realtors LLC • MLS MDBC2062396 • Status: Active
Redfin Corp • MLS MDBC2063272 • Status: Coming Soon
Keller Williams Flagship of Maryland • MLS MDBC2063364 • Status: Coming Soon
Northrop Realty • MLS MDBC2063186 • Status: Coming Soon
Douglas Realty, LLC • MLS MDBC2062870 • Status: Coming Soon
EXP Realty, LLC • MLS MDBC2062352 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDBC2062646 • Status: Coming Soon
Berkshire Hathaway HomeServices Homesale Realty • MLS MDBC2060356 • Status: Coming Soon
United Real Estate Executive • MLS MDBC2060776 • Status: Active
Union Realty of Virginia, Inc. • MLS MDBC2060018 • Status: Active
Ashland Auction Group LLC • MLS MDBC2058488 • Status: Active
EXP Realty, LLC • MLS MDBC2057428 • Status: Active
ExecuHome Realty • MLS MDBC2056326 • Status: Active
EXIT Spivey Professional Realty Co. • MLS MDBC2047524 • Status: Active