How does the housing market look in Ridgely? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Ridgely Maryland
Median Sale Price
$240,500
5.7%
New Listings
2
80.0%
Number of Homes Sold
4
Median Days on Market
50
22.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in Ridgely, MD sold for a median price of $240,500, up 5.7% compared to the same period last year. The median price per square foot was $149.14, down 21.6% year-over-year. There were 4 homes sold, same as 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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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Ridgely, MD was 12, down 45.5% compared to last year. In the last 30 days, 2 new homes were listed for sale, down 80% year-over-year. The median days on market was 50, up from 41 days last year. The months of supply was 2, up from 1.75 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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Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Ridgely, MD had a median sale-to-list-price ratio of 100%, up 0.5 pt compared to the same period last year. 33.33% of homes sold above list price, down 16.7 pt year-over-year. 33.33% of homes listed dropped in price, down 16.7 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.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Ridgely
Long & Foster Real Estate, Inc. • MLS MDCM2002804 • Status: Active
CENTURY 21 New Millennium • MLS MDCM2002738 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDCM2002740 • Status: Active
The Land Group • MLS MDCM2002716 • Status: Active
Clark & Co Realty, LLC • MLS MDCM2002664 • Status: Active
Chesapeake Real Estate Associates, LLC • MLS MDCM2001256 • Status: Active