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North Baltimore Journal

Thursday, December 26, 2024

May: Glen Arm experienced a 39% increase in median home prices

Realestate5

The median sale price of a home sold in May in Glen Arm rose by $160,000 while total sales decreased by 33.3 percent, according to BlockShopper.com.

In May, there were four homes sold, with a median sale price of $570,000 - a 39 percent increase over the $410,000 median sale price for the same period of the previous year. There were six homes sold in Glen Arm in May 2021.

The following table compares Glen Arm to other Baltimore County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Monkton67-14.3$892,500$570,00056.6
Parkton810-20$680,000$542,50025.3
Baldwin35-40$665,000$427,50055.6
Phoenix1520-25$665,000$537,70023.7
Glen Arm46-33.3$570,000$410,00039
Manchester20-$563,500$0-
Hampstead10-$510,000$0-
Woodstock12-50$502,000$469,9006.8
Hydes20-$477,500$0-
Lutherville Timonium6676-13.2$429,000$385,50011.3
Towson8192-12$420,000$334,00025.7

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