Is 21015, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 21015 has remained a Seller's Market.
Key Takeaway
21015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21015, MD
How much do homes in 21015, MD cost?
Median Sold Price
$430,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 21015 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 21015 was $430,000 in March 2024, up 6.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $248.5K | $285K | +14.7% |
| 3 Bedrooms | $358.2K | $350K | -2.3% |
| 4 Bedrooms | $520K | $587.5K | +13.0% |
| 5+ Bedrooms | $750K | $825.9K | +10.1% |
Summary: 21015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in 21015, MD
How many homes are available in 21015, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 90 | -1.1% |
Summary: The 21015 real estate market had 90 homes for sale in March 2024, a 1.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 21015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 17 | -29.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21015, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 21015 in March 2024, down by 29.2% month-over-month. Of the 17 sold homes, 18% were sold under asking, 41% were sold at asking, and 41% were sold over asking.
Days on Market for 21015, MD
How long does it take to sell a home in 21015, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 14 Days | -49.5% |
Summary: Homes in 21015 had an average of 14 days on market in Mar 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21015 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 21015; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
