Lochearn, MD Housing Market
The Lochearn housing market is very competitive. The median sale price of a home in Lochearn was $352K last month, up 20.0% since last year. The median sale price per square foot in Lochearn is $187, up 13.3% since last year.
Lochearn Housing Market Trends
In May 2024, Lochearn home prices were up 20.0% compared to last year, selling for a median price of $352K. On average, homes in Lochearn sell after 11 days on the market compared to 20 days last year. There were 20 homes sold in May this year, down from 27 last year.
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How hot is the Lochearn housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 21 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% above list price and go pending in around 32 days.
- Hot homescan sell for about 3% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 28 days.
- Hot homescan sell for about 3% above list price and go pending in around 7 days.
Lochearn Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Lochearn from outside metros.
- New York homebuyers searched to move into Lochearn more than any other metro followed by Hartford and Philadelphia.
- 82% of Lochearn homebuyers searched to stay within the Lochearn metropolitan area.
- Salisbury was the most popular destination among Lochearn homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Lochearn
Recent offers
View houses in Lochearn that sold recently
Recently sold homes
- $247,500 Last Sold Price4 beds2 baths1,365 sq ft711 Cliffedge Rd, Pikesville, MD 21208(855) 682-6489List Price$145,000Sale to List71% over listDays on Market51 days711 Cliffedge Rd, Pikesville, MD 21208
- $330,000 Last Sold Price4 beds2 baths1,921 sq ft1900 Thayer Ter, Gwynn Oak, MD 21207(410) 220-5745List Price$325,000Sale to List2% over listDays on Market36 days1900 Thayer Ter, Gwynn Oak, MD 21207
- $352,000 Last Sold Price5 beds2 baths1,170 sq ft5410 Gradin Ave, Gwynn Oak, MD 21207(443) 320-1344List Price$350,000Sale to List1% over listDays on Market40 days5410 Gradin Ave, Gwynn Oak, MD 21207
- $375,000 Last Sold Price3 beds2.5 baths1,711 sq ft816 Painted Post Ct, Pikesville, MD 21208(443) 708-7074List Price$377,000Sale to List1% under listDays on Market59 days816 Painted Post Ct, Pikesville, MD 21208
- $375,000 Last Sold Price4 beds3.5 baths1,904 sq ft746 Milford Mill Rd, Pikesville, MD 21208(410) 823-0033List Price$365,000Sale to List3% over listDays on Market32 days746 Milford Mill Rd, Pikesville, MD 21208
- $316,990 Last Sold Price3 beds2.5 baths1,310 sq ft7242 Early Golden, Baltimore, MD 21208(301) 970-2447List Price$319,990Sale to List1% under listDays on Market30 days7242 Early Golden, Baltimore, MD 21208
- $290,000 Last Sold Price3 beds1.5 baths2,177 sq ft4011 Buckingham Rd, Pikesville, MD 21207(410) 549-3500List Price$249,900Sale to List16% over listDays on Market28 days4011 Buckingham Rd, Pikesville, MD 21207
- $355,000 Last Sold Price3 beds2 baths1,470 sq ft910 Scotts Hill Dr, Pikesville, MD 21208(410) 653-2500List Price$345,000Sale to List3% over listDays on Market48 days910 Scotts Hill Dr, Pikesville, MD 21208
See all recently sold homes in Lochearn.
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Schools in Lochearn
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Bedford Elementary School Public • 1-5 | 319 Students | 9 reviews |
5/10 Powhatan Elementary School Public • PreK-5 | 216 Students | 3 reviews |
3/10 Featherbed Lane Elementary School Public • PreK-5 | 473 Students | 2 reviews |
2/10 Milbrook Elementary School Public • 1-5 | 344 Students | 7 reviews |
2/10 Woodmoor Elementary School Public • PreK-5 | 565 Students | 6 reviews |
Climate's impact on Lochearn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lochearn.
Flood Factor - Moderate
Flood Factor
![flood factor score logo](https://ssl.cdn-redfin.com/v526.2.3/images/riskFactor/regional/flood-2.png)
Fire Factor - Moderate
Fire Factor
![fire factor score logo](https://ssl.cdn-redfin.com/v526.2.3/images/riskFactor/regional/fire-2.png)
Wind Factor - Major
Wind Factor
![wind factor score logo](https://ssl.cdn-redfin.com/v526.2.3/images/riskFactor/regional/wind-3.png)
Wind likelihood over time
Heat Factor - Major
Heat Factor
![heat factor score logo](https://ssl.cdn-redfin.com/v526.2.3/images/riskFactor/regional/heat-3.png)
Transportation in Lochearn
Walk Score®
Transit Score®
Bike Score®
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