Coming soon
$6,531 Closing Credit¹
Janet Liriano, Listing Office: Fairfax Realty Premier
Aspen Hill Housing Market Report December 2024•Montgomery County, Maryland
Housing Prices in Aspen Hill, MD
How much do homes in Aspen Hill, MD cost?
Housing Market Conditions
Is Aspen Hill, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Aspen Hill is a Seller's Market
Difference Since November 2024
Last month, Aspen Hill has remained a Seller's Market.
Insight
Aspen Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$562,500$287/SqFt
Based on all homes sold in December 2024
Insight
The sold price of homes in Aspen Hill has remained the same since last month.
Summary: The median home sold price in Aspen Hill was $562,500 in December 2024, the same as last month, and the median price per square foot was $287.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Wheaton Woods | $544.9K | $550K | +0.9% |
| Aspen Hill | $562.5K | $562.5K | 0.0% |
| Manor Lake | $835K | $825K | -1.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $237K | $245K | +3.4% |
| 33 Bedrooms | $499.9K | $470K | -6.0% |
| 44 Bedrooms | $610K | $646.8K | +6.0% |
| 55+ Bedrooms | $717.5K | $642.5K | -10.5% |
Summary: Aspen Hill housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes decreased by -6.0%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes decreased by -10.5%.
Housing supply in Aspen Hill, MD
How many homes are available in Aspen Hill, MD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 83Last MonthDec 2024 | ||
| 912 months agoNov 2024 | -8.8 % Change MoMNov – Dec |
Summary: The Aspen Hill real estate market had 83 homes for sale in Dec 2024, a 8.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthDec 2024 | ||
| 282 months agoNov 2024 | -7.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 21 | 22 | +4.8% |
| 33 Bedrooms | 27 | 24 | -11.1% |
| 44 Bedrooms | 33 | 27 | -18.2% |
| 55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Aspen Hill housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +4.8%. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Aspen Hill, MD cost?
Over Asking Price11 Homes
At Asking Price9 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in Aspen Hill, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Aspen Hill in December 2024, down by 7.1% month-over-month. Of the 26 sold homes, 23% were sold under asking, 35% were sold at asking, and and 42% were sold over asking.
Days on Market for Aspen Hill, MD
How long does it take to sell a home in Aspen Hill, MD?
Breakdown of Home Sale Times
Under 30 Days22 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Aspen Hill are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 26 homes were sold in Aspen Hill; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 21 DaysLast MonthDec 2024 | ||
| 21 Days1 month agoNov 2024 | +1.5 % Change MoMNov – Dec |
Summary: Homes in Aspen Hill had an average listing age of 21 days in Dec 2024, up by 1.5% compared to the previous month.
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Newest Listings in Aspen Hill, MD
What homes are available in Aspen Hill, MD?
New - 1 day on Rocket3D tour
$9,797 Closing Credit¹
Lupe M Rohrer, Listing Office: Redfin Corp
New - 2 days on Rocket
$2,553 Closing Credit¹
Consuelo G Beeks, Listing Office: Long & Foster Real Estate, Inc.
New - 3 days on RocketBackup offers
$10,000 Closing Credit¹
Mark N. Strosnider, Listing Office: RE/MAX Town Center
New - 7 days on Rocket
$6,175 Closing Credit¹
Terry Gribbin, Listing Office: Gribbin Realty LLC
3D tour
$2,968 Closing Credit¹
Timothy M Mull, Listing Office: RE/MAX Realty Services
$2,613 Closing Credit¹
Robert J Krop, Listing Office: Keller Williams Realty Centre
$9,203 Closing Credit¹
Christopher Craddock, Listing Office: EXP Realty, LLC
$5,641 Closing Credit¹
Patrick D Mayo, Listing Office: RE/MAX Realty Centre, Inc.
$3,551 Closing Credit¹
Erika Abigail Herrera, Listing Office: RE/MAX Realty Centre, Inc.
Coming soon
$5,938 Closing Credit¹
Jonathan Layne, Listing Office: Compass
Backup offers
$2,791 Closing Credit¹
Christopher N German, Listing Office: Keller Williams Capital Properties
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 11/01/2024 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 4:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.