Is 21613, 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, 21613 was a Neutral Market.
Key Takeaway
21613 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21613, MD
How much do homes in 21613, MD cost?
Median Sold Price
$259,990
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 21613 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 21613 was $259,990 in March 2024, up 2% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $391K | N/A |
| 2 Bedrooms | $170.5K | $152.5K | -10.6% |
| 3 Bedrooms | $229.9K | $230K | 0.0% |
| 4 Bedrooms | $311K | $308.4K | -0.8% |
| 5+ Bedrooms | $306.2K | $375K | +22.4% |
Summary: 21613 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 10.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 22.4%.
Housing Supply in 21613, MD
How many homes are available in 21613, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 239 | 252 | +5.4% |
Summary: The 21613 real estate market had 252 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 58 | 58 | 0.0% |
| 3 Bedrooms | 103 | 117 | +13.6% |
| 4 Bedrooms | 58 | 59 | +1.7% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The 21613 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 13.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21613, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in 21613 in March 2024, up by 11.8% month-over-month. Of the 19 sold homes, 37% were sold under asking, 42% were sold at asking, and 21% were sold over asking.
Days on Market for 21613, MD
How long does it take to sell a home in 21613, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 70 Days | +23.4% |
Summary: Homes in 21613 had an average of 70 days on market in Mar 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21613 has remained consistent over time.
Summary: During March 2024, 19 homes were sold in 21613; 32% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
