Gambrills, MD Housing Market
The Gambrills housing market is very competitive. Homes in Gambrills receive 5 offers on average and sell in around 6 days. The median sale price of a home in Gambrills was $575K last month, down 25.7% since last year. The median sale price per square foot in Gambrills is $270, up 23.8% since last year.
Gambrills Housing Market Trends
In April 2024, Gambrills home prices were down 25.7% compared to last year, selling for a median price of $575K. On average, homes in Gambrills sell after 6 days on the market compared to 43 days last year. There were 6 homes sold in April this year, up from 4 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Gambrills 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 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 15 days.
- Hot homescan sell for about 2% above list price and go pending in around 5 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 about 1% above list price and go pending in around 17 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 12 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
Gambrills Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Gambrills from outside metros.
- New York homebuyers searched to move into Gambrills more than any other metro followed by Hartford and Atlanta.
- 82% of Gambrills homebuyers searched to stay within the Gambrills metropolitan area.
- Salisbury was the most popular destination among Gambrills homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Gambrills
Recent offers
View houses in Gambrills that sold recently
Recently sold homes
- $570,000 Last Sold Price4 beds2.5 baths1,991 sq ft2322 Silver Way, Gambrills, MD 21054(410) 874-8111List Price$550,000Sale to List4% over listDays on Market31 days2322 Silver Way, Gambrills, MD 21054
- $635,000 Last Sold Price3 beds3 baths2,016 sq ft1551 Witchhazel Cir, Gambrills, MD 21054(410) 263-3400List Price$629,000Sale to List1% over listDays on Market55 days1551 Witchhazel Cir, Gambrills, MD 21054
- $330,000 Last Sold Price2 beds2 baths1,371 sq ft2610 Chapel Lake Dr #109, Gambrills, MD 21054(410) 923-2353List Price$329,900Sale to List0% over listDays on Market35 days2610 Chapel Lake Dr #109, Gambrills, MD 21054
- $325,000 Last Sold Price2 beds2 baths1,118 sq ft2605 Chapel Lake Dr #213, Gambrills, MD 21054(410) 721-9600List Price$324,900Sale to List0% over listDays on Market68 days2605 Chapel Lake Dr #213, Gambrills, MD 21054
- $940,000 Last Sold Price5 beds4 baths4,323 sq ft1403 Travers Ct, Gambrills, MD 21054List Price$875,000Sale to List7% over listDays on Market34 days1403 Travers Ct, Gambrills, MD 21054
- $1,000,000 Last Sold Price4 beds4.5 baths4,152 sq ft2418 Heather Stone Dr, Gambrills, MD 21054(410) 263-3400List Price$950,000Sale to List5% over listDays on Market78 days2418 Heather Stone Dr, Gambrills, MD 21054
- $325,000 Last Sold Price2 beds2 baths1,195 sq ft2610 Chapel Lake Dr #105, Gambrills, MD 21054(202) 386-6330List Price$325,000Sale to List0% over listDays on Market52 days2610 Chapel Lake Dr #105, Gambrills, MD 21054
- $1,200,000 Last Sold Price4 beds4.5 baths4,014 sq ft1803 Tabor Dr, Gambrills, MD 21054(410) 429-7425List Price$1,150,000Sale to List4% over listDays on Market34 days1803 Tabor Dr, Gambrills, MD 21054
See all recently sold homes in Gambrills.
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Schools in Gambrills
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- Middle
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GreatSchools Rating
NR Ruth Parker Eason School Public • PreK-12 | 149 Students | 2 reviews |
Climate's impact on Gambrills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gambrills.
Flood Factor - Moderate
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Wind Factor - Major
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Wind likelihood over time
Heat Factor - Severe
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Transportation in Gambrills
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