Maugansville is a city in Maryland. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $58,984 per household and cost of living adjustment score of 95.4. With a median age of 38 years, homes in Maugansville tend to be relatively old. Heading the list of top schools in the city is Maugansville Elementary School.
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$399K  
On top of a 20.0% rise in sales over the last 30 days, the Maugansville market extended a three-week hot streak with a total of six homes sold in that span. The median sales price dropped to $157,500, down from last week's $215,000. With only two months of inventory and rising sales, Maugansville is a solid seller's market.
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$394K  
The Maugansville market was active this week as sales spiked 25.0% to hit five homes sold over the last 30 days. To put it in perspective, close-by Hagerstown registered 54 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $215,000 over the latest reporting period for Maugansville, up from $182,500. The rising sales and a low three months of inventory point to Maugansville being a seller's market.
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$218K  
There were three home sales in the Maugansville market over the last 30 days, while coming close to the 3.7 monthly average for the last 12 months. To put it in perspective, close-by Hagerstown registered 53 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Maugansville, and for this period the median sales price slid from $190,000 to $165,000.
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$399K  
The Maugansville market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. At the same time, close-by Hagerstown reported 44 home sales, the highest number from all the surrounding cities. The median sales price climbed to $190,000, up from last week's $165,000.
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Maugansville is an average-sized city in Maryland with 3,071 residents. Its population is also growing faster than others at a 10-year growth rate of 40.8%. Detached homes account for 79% of the area's current housing market. The top school in the city is Maugansville Elementary School.
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$399K  
There was one home sold in the Maugansville market over the last 30 days on top of a record seven contracts executed. It is the most since October and could be a sign that the market should improve. In comparison, Hagerstown had 83 contracts executed in the same time frame, the most of all nearby municipalities. However, a three-week downward trend in price reductions is expected to come to an end over the coming weeks. Potential buyers should note that prices are coming down in Maugansville, and for this period the median sales price slid from $230,250 to $165,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that Maugansville is a definite buyer's market.
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$279K  
The Maugansville market improved this week with two homes sold over the last 30 days. In comparison, nearby Hagerstown had 39 sales in the same time frame, the most of all neighboring cities. The median sales price dropped dramatically to $230,250 over the latest reporting period for Maugansville, down from $295,500.
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$269K  
With one home sold in the Maugansville market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. Months of inventory is on a four-week upswing, this week hitting 15 months. Maugansville is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$105K  
The Maugansville market may be experiencing a pronounced pullback but sales stood their ground this week at one home sold over the last 30 days. The median sales price of all transactions in Maugansville did not budge this week, remaining at $295,500. With a downward trend in sales numbers and 14 months of inventory still left to work through, Maugansville is a definite buyer's market.
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