Explore Galesville, MD - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$286,000

Market Insights

With only 1.0 months of inventory, Galesville remains a seller's market. Home prices have decreased 66.8% in the past month. At the current pace, all available homes in Galesville would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 28 days to sell, which is 0 days longer than this time last year. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Galesville market with the affordability index at 1330.2. Based on current market indicators, home prices in Galesville are projected to increase by approximately 14.0% over the next month.

Demographics market for - Galesville, MD

Total Population -

1,245

White Population

88.03%

Black Population

11.97%

Mexican0%
Puerto Rican0%
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Galesville, MD

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Real Estate Market Prediction for - Galesville, MD

City Hotspots
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