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FOCUS ON: HANOVER AND LINTHICUM HEIGHTS HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 21076, 21090 and 21077 |
Units Sold
45 |
Active Inventory
92 |
Median Sale Price
$517,500 |
Days On Market
23 |
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Down -13%
Vs. Year Ago |
Up 28%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 45 sold this month in Hanover and Linthicum Heights Real Estate versus 47 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 13% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 20 units or 28%. The total number of active inventory this August was 92 compared to 72 in August 2024. This month's total of 92 is lower than the previous month's total supply of available inventory of 104, a decrease of 12%.
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Median Sale Price
Last August, the median sale price for Hanover and Linthicum Heights Homes was $539,662. This August, the median sale price was $517,500, a decrease of 4% or $22,162 compared to last year. The current median sold price is 2% lower than in July.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
52 |
Current Contracts
51 |
Sold Vs. List Price
100.0% |
Months of Supply
2.0 |
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Down -15%
Vs. Year Ago |
Up 27%
Vs. Year Ago |
Up 0.5%
Vs. Year Ago |
Up 48%
Vs. Year Ago |
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Months of Supply
In August, there was 2.0 months of supply available in Hanover and Linthicum Heights, compared to 1.4 in August 2024. That is an increase of 48% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 52 homes newly listed for sale in Hanover and Linthicum Heights compared to 61 in August 2024, a decrease of 15%. There were 51 current contracts pending sale this August compared to 40 a year ago. The number of current contracts is 28% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Hanover and Linthicum Heights was 100.0% of the average list price, which is 0.5% higher than at this time last year.
Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 21, an increase of 10%.
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Hanover and Linthicum Heights are defined as properties listed in zip code/s 21076, 21090 and 21077. |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |