Is 21713, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21713 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 21713 has remained a Seller's Market.

Key Takeaway

21713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21713, MD

How much do homes in 21713, MD cost?

Median Sold Price

$349,950

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,450(+1.6%)

Key Takeaway

Homes in 21713 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 21713 was $349,950 in February 2024, up 1.6% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $250K$275K
+10.0%
3 $305K$307K
+0.7%
4 $450.4K$457.5K
+1.6%
5+ $538.5K$520K
-3.4%

Summary: 21713 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

21713
+1.6%
21782
-2.9%

Housing Supply in 21713, MD

How many homes are available in 21713, MD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3132+3.2%

Summary: The 21713 real estate market had 32 homes for sale in February 2024, a 3.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1315
+15.4%
4 1110
-9.1%
5+ 66
0.0%

Summary: The 21713 housing inventory by bedroom type for February 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 15.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21713, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 21713 in February 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 21713, MD

How long does it take to sell a home in 21713, MD?

Average Sale Time

Feb 2023Feb 2024CHANGE
82 Days37 Days-54.9%

Summary: Homes in 21713 had an average of 37 days on market in Feb 2024, down by 54.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21713 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 6 homes were sold in 21713; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 21713, MD

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