Is 21661, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, 21661 was a Seller's Market.
Key Takeaway
21661 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in 21661, MD cost?
Median Sold Price
$281,300
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$31,300(+12.5%)
Key Takeaway
Homes in 21661 have sold for 12.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $125K | $65K | -48.0% |
| 2 Bedrooms | $228K | $227K | -0.4% |
| 3 Bedrooms | $250K | $295K | +18.0% |
| 4 Bedrooms | $429K | $311.7K | -27.3% |
| 5+ Bedrooms | $431.7K | - | N/A |
How many homes are available in 21661, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 21 | 29 | +38.1% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21661, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
How long does it take to sell a home in 21661, MD?
How long does it take to sell a home in 21661, MD?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 43 Days | 11 Days | -74.4% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21661 are selling fast, if you're buying plan to act quickly.
