Is 21146, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 21146 was a Neutral Market.
Housing Prices in 21146, MD
How much do homes in 21146, MD cost?
Median Sold Price
$674,837
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21146 was $674,837 in March 2024, up 7.1% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $2.5M | N/A |
2 Bedrooms | $390K | $365K | -6.4% |
3 Bedrooms | $515.5K | $552.7K | +7.2% |
4 Bedrooms | $647.7K | $700K | +8.1% |
5+ Bedrooms | $760K | $895K | +17.8% |
Summary: 21146 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 decreased by 6.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in 21146, MD
How many homes are available in 21146, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 104 | +11.8% |
Summary: The 21146 real estate market had 104 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 34 | 42 | +23.5% |
5+ Bedrooms | 34 | 37 | +8.8% |
Summary: The 21146 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 increased by 25%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 21146 in March 2024, up by 50.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for 21146, MD
How long does it take to sell a home in 21146, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 17 Days | -61.5% |
Summary: Homes in 21146 had an average of 17 days on market in Mar 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 21146; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.