Is 21619, 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, 21619 was a Neutral Market.
Housing Prices in 21619, MD
How much do homes in 21619, MD cost?
Median Sold Price
$483,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21619 was $483,000 in March 2024, up 13% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $310K | +26.5% |
2 Bedrooms | $357.5K | $415K | +16.1% |
3 Bedrooms | $423.4K | $449.5K | +6.2% |
4 Bedrooms | $559K | $706K | +26.3% |
5+ Bedrooms | $810K | $850K | +4.9% |
Summary: 21619 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.5%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 21619, MD
How many homes are available in 21619, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 86 | +6.2% |
Summary: The 21619 real estate market had 86 homes for sale in March 2024, a 6.2% increase 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 | 21 | 23 | +9.5% |
3 Bedrooms | 33 | 29 | -12.1% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 21619 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 9.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 21619 in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for 21619, MD
How long does it take to sell a home in 21619, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 30 Days | -31.7% |
Summary: Homes in 21619 had an average of 30 days on market in Mar 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 21619; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.