Is 21211, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, 21211 has remained a Seller's Market.
Key Takeaway
21211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in 21211, MD cost?
Median Sold Price
$293,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$16,333(+5.9%)
Key Takeaway
Homes in 21211 have sold for 5.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $77.5K | $80K | +3.2% |
| 2 Bedrooms | $224.5K | $267.5K | +19.2% |
| 3 Bedrooms | $290K | $320K | +10.3% |
| 4 Bedrooms | $368K | $338.6K | -8.0% |
| 5+ Bedrooms | $531K | $530K | -0.2% |
How many homes are available in 21211, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 116 | 117 | +0.9% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 40 | 42 | +5.0% |
| 3 Bedrooms | 60 | 59 | -1.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 27 | 38 | +40.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21211, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.
How long does it take to sell a home in 21211, MD?
How long does it take to sell a home in 21211, MD?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 11 Days | 15 Days | +37.4% |
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21211 are selling fast, if you're buying plan to act quickly.
