$5,700 Closing Credit*
$480,000
2,000 SqFt
3 Beds
•2 Full Baths, 1 Partial
Nickolaus B Waldner, Listing Office: Keller Williams Realty Centre
Is 21703, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21703 has remained a Seller's Market.
Key Takeaway
21703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21703, MD
How much do homes in 21703, MD cost?
Median Sold Price
$409,699
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,115(+6.0%)
Key Takeaway
Homes in 21703 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 21703 was $409,699 in November 2024, up 6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $298K | $300K | +0.7% |
| 3 Bedrooms | $385K | $400K | +3.9% |
| 4 Bedrooms | $505K | $548.9K | +8.7% |
| 5+ Bedrooms | $605K | $735K | +21.5% |
Summary: 21703 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Zip Codes
| 21704 | $598K | $637.9K | +6.7% |
| 21703 | $386.5K | $409.6K | +6.0% |
Housing Supply in 21703, MD
How many homes are available in 21703, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 | 120 | +9.1% |
Summary: The 21703 real estate market had 120 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 27 | +17.4% |
| 3 Bedrooms | 61 | 53 | -13.1% |
| 4 Bedrooms | 22 | 34 | +54.5% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 21703 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21703, expect to pay close to the asking price. 47.2% of homes here sold near the asking price last month.
Summary: A total of 36 homes were sold or pending in 21703 in November 2024, up by 16.1% month-over-month. Of the 36 sold homes, 17% were sold under asking, 47% were sold at asking, and 36% were sold over asking.
Days on Market for 21703, MD
How long does it take to sell a home in 21703, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 17 Days | +96.0% |
Summary: Homes in 21703 had an average of 17 days on market in Nov 2024, up by 96% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21703 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 36 homes were sold in 21703; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
