Explore Funkstown, MD - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
With only 2.0 months of inventory, Funkstown remains a seller's market. The median home price in Funkstown currently stands at $430,000. With only 2 active listings, inventory is 60% lower than typical for this time of year. Homes are now taking an average of 5 days to sell, significantly longer than the 1 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Funkstown market with the affordability index at 1706.3. Based on current market indicators, home prices in Funkstown are projected to decrease by approximately 16.2% over the next month.
Demographics market for - Funkstown, MD
Total Population -
991
White Population
92.03%
Black Population
1.31%
Crime for - Funkstown, MD
No Data
Real Estate Market Prediction for - Funkstown, MD
City Hotspots
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