Is 21658, 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, 21658 has remained a Buyer's Market.
Housing Prices in 21658, MD
How much do homes in 21658, MD cost?
Median Sold Price
$725,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21658 was $725,000 in March 2024, up 12.2% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $264.5K | $360K | +36.1% |
3 Bedrooms | $462K | $509K | +10.2% |
4 Bedrooms | $900K | $725K | -19.4% |
5+ Bedrooms | $697K | $920K | +32.0% |
Summary: 21658 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 36.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes increased by 32%.
Housing Supply in 21658, MD
How many homes are available in 21658, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The 21658 real estate market had 28 homes for sale in March 2024, a 21.7% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 21658 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 21658 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 21658, MD
How long does it take to sell a home in 21658, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 16 Days | +135.7% |
Summary: Homes in 21658 had an average of 16 days on market in Mar 2024, up by 135.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 21658; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.