Elkridge
Elkridge Market Report
$621,647
AVERAGE PRICE OF 60 HOMES$310,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,737,000
AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES$486,217
AVERAGE PRICE OF 4 NEWLY BUILT HOMES$486,300
AVERAGE PRICE OF 3 REDUCED PRICE HOMESAverage Home
| Average Price | $621,647 |
| Avg Bedrooms | 2.85 beds |
| Avg Bathrooms | 2.45 baths |
Average Price by Bedrooms
| 1 bedroom | $220,000 |
| 2 bedrooms | $272,450 |
| 3 bedrooms | $412,423 |
| 4 bedrooms | $549,760 |
| 5 bedrooms | $599,783 |
Elkridge Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 62 | 63 | 56 | 59 | 47 |
| Average Price | $661,105 | $669,127 | $701,841 | $684,185 | $735,318 |
| Avg Price Change | -1.21% | -4.89% | +2.58% | -7.47% | +7.52% |
| Median Price | $451,683 | $461,423 | $475,603 | $455,206 | $474,743 |
| Med Price Change | -2.16% | -3.07% | +4.48% | -4.29% | +4.18% |
| Avg Bedrooms | 2.92 beds | 2.98 beds | 3.04 beds | 2.94 beds | 2.86 beds |
| Avg Bathrooms | 2.66 baths | 2.74 baths | 2.8 baths | 2.77 baths | 2.76 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Guilford Park | 5 | $388,960 | 14 days |
| Howard | 7 | $1,725,745 | 248 days |
| Long Reach | 6 | $392,066 | 28 days |
| Oakland Mills | 2 | $479,999 | 50 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 60 | $621,647 | 97 days |
| Distressed Homes | 2 | $310,000 | 75 days |
| Multi-Million Dollar Homes | 5 | $2,737,000 | 723 days |
| Newly Built Homes | 4 | $486,217 | 93 days |
| Reduced Price Homes | 3 | $486,300 | 45 days |
