Is 21754, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21754 is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, 21754 was a Seller's Market.

Key Takeaway

21754 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 21754, MD cost?

Median Sold Price

$576,950

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$1,950(+0.3%)

Key Takeaway

The sold price of homes in 21754 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $347.8K$504.7K
+45.1%
3 $387K$417.5K
+7.9%
4 $672.5K$700K
+4.1%
5+ $799K$785K
-1.8%

Median Sold Price Compared To Nearby Zip Codes

21704
+11.5%
21774
+10.8%
20871
+7.1%
21754
0.3%
21770
-8.1%

How many homes are available in 21754, MD?

Number of Homes For Sale

Dec 2022Jan 2023%
5040-20.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 2422
-8.3%
3 1610
-37.5%
4 64
-33.3%
5+ 44
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
122-83.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21754, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
15 Days20 Days+34.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21754 are selling fast, if you're buying plan to act quickly.

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

About 21754, MD

21754, MD has 40 homes for sale to choose from. The inventory of homes for sale in 21754, MD between December 2022 and January 2023 decreased by 20%. While the average time on the market in January 2023 was 20 days, the median list price was $576,950. Real estate listing prices changed between December 2022 and January 2023: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 45.1%, prices of 3 bedrooms properties went up by 7.9%, the cost of 4 bedrooms properties went up by 4.1%, 5 bedrooms properties became 1.8% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 8.3%, the quantity of 3 bedrooms homes went down by 37.5%, 4 bedrooms homes became 33.3% less available, the quantity of 5 bedrooms homes have not changed. In January 2023, from all listings sold in 21754, MD there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.