New Weakening in Home Prices for Ellicott City Real Estate Market

The Ellicott City market showed gains in this week's report, as the number of sales went up to 65 homes sold over the last 30 days. To put it in perspective, close-by Baltimore registered 610 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for eight weeks to reach $424,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Ellicott City is a seller's market.

Trying to find a home at a bargain price? Take a look at these affordable homes in Ellicott City:

$169K   $182K   $195K  

Get started right now by checking out Ellicott City homes for sale or reviewing Ellicott City real estate trends.

Demographic facts about Ellicott City:

  • The median age of all homes is 24.
  • This area usually gets 25.6 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 67. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $7,577. ($5,691 = national average)

Data reported through 10/13/2016

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Keller Williams Realty Centre
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Tristar Realty INC
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Tristar Realty Inc
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