What happened to the median home price in Arnold during April?

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The median sale price of a home sold in April in Arnold fell by $25,000 while total sales decreased by 26.1 percent, according to BlockShopper.com.

In April, there were 17 homes sold, with a median sale price of $425,000 - a 5.6 percent decrease from the $450,000 median sale price for the same period of the previous year. There were 23 homes sold in Arnold in April 2021.

The following table compares Arnold to other Anne Arundel County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Venice on the Bay10-$460,000$0-
Whispering Woods10-$455,000$0-
Lake Shore17170$450,000$415,0008.4
Parole241384.6$441,250$395,00011.7
Severn1920-5$427,000$430,000-0.7
Arnold1723-26.1$425,000$450,000-5.6
Deale40-$421,000$0-
Odenton2832-12.5$414,500$328,05426.4
Greenwood Acres20-$410,000$0-
Crofton181250$392,500$381,7502.8
Cape St. Claire7540$370,000$455,000-18.7

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