Lochearn, MD Housing Market
The Lochearn housing market is very competitive. The median sale price of a home in Lochearn was $274K last month, down 5.6% since last year. The median sale price per square foot in Lochearn is $175, up 3.6% since last year.
Lochearn Housing Market Trends
In March 2024, Lochearn home prices were down 5.6% compared to last year, selling for a median price of $274K. On average, homes in Lochearn sell after 21 days on the market compared to 34 days last year. There were 23 homes sold in March this year, up from 19 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 3% above list price and go pending in around 28 days.
- Hot homescan sell for about 3% above list price and go pending in around 9 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 1% above list price and go pending in around 34 days.
- Hot homescan sell for about 3% above list price and go pending in around 11 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 1% below list price and go pending in around 43 days.
- Hot homescan sell for about 1% above list price and go pending in around 16 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Lochearn
Recent offers
View houses in Lochearn that sold recently
Recently sold homes
- $376,000 Last Sold Price4 beds3.5 baths3,178 sq ft6701 Fairmount Ave, Baltimore, MD 21215(410) 312-0000List Price$375,000Sale to List0% over listDays on Market34 days6701 Fairmount Ave, Baltimore, MD 21215
- $353,000 Last Sold Price3 beds2 baths1,520 sq ft3923 Southern Cross Dr, Gwynn Oak, MD 21207(443) 981-8000List Price$339,900Sale to List4% over listDays on Market40 days3923 Southern Cross Dr, Gwynn Oak, MD 21207
- $384,900 Last Sold Price4 beds2.5 baths2,040 sq ft7021 Yataruba Dr, Gwynn Oak, MD 21207(410) 486-4504List Price$384,900Sale to List0% over listDays on Market87 days7021 Yataruba Dr, Gwynn Oak, MD 21207
- $375,000 Last Sold Price4 beds2.5 baths1,700 sq ft3420 Tulsa Rd, Gwynn Oak, MD 21207(703) 665-3544List Price$380,000Sale to List1% under listDays on Market120 days3420 Tulsa Rd, Gwynn Oak, MD 21207
- $485,000 Last Sold Price3 beds2.5 baths2,928 sq ft3518 Forest Hill Rd, Gwynn Oak, MD 21207(410) 670-9100List Price$484,900Sale to List0% over listDays on Market63 days3518 Forest Hill Rd, Gwynn Oak, MD 21207
- $275,000 Last Sold Price3 beds2.5 baths1,516 sq ft604 Leafydale Ter, Pikesville, MD 21208(410) 833-5400List Price$274,900Sale to List0% over listDays on Market38 days604 Leafydale Ter, Pikesville, MD 21208
- $299,900 Last Sold Price3 beds2 baths1,342 sq ft2106 Holder Ave, Gwynn Oak, MD 21207(443) 343-7660List Price$299,900Sale to List0% over listDays on Market78 days2106 Holder Ave, Gwynn Oak, MD 21207
- $394,000 Last Sold Price4 beds3 baths2,020 sq ft3302 Saint Lukes Ln, Gwynn Oak, MD 21207(410) 220-4648List Price$405,000Sale to List3% under listDays on Market39 days3302 Saint Lukes Ln, Gwynn Oak, MD 21207
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 | 312 Students | 9 reviews |
4/10 Featherbed Lane Elementary School Public • PreK-5 | 638 Students | 2 reviews |
4/10 Powhatan Elementary School Public • PreK-5 | 274 Students | 3 reviews |
2/10 Milbrook Elementary School Public • 1-5 | 410 Students | 7 reviews |
2/10 Woodmoor Elementary School Public • PreK-5 | 621 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
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Lochearn
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Transit Score®
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