Is 21754, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 21754 was a Seller's Market.
Housing Prices in 21754, MD
How much do homes in 21754, MD cost?
Median Sold Price
$655,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 21754 was $655,000 in April 2024, up 7.4% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $522.8K | $543.5K | +3.9% |
3 Bedrooms | $415K | $510K | +22.9% |
4 Bedrooms | $681K | $753K | +10.6% |
5+ Bedrooms | $855K | $885K | +3.5% |
Summary: 21754 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 21754, MD
How many homes are available in 21754, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 35 | +34.6% |
Summary: The 21754 real estate market had 35 homes for sale in April 2024, a 34.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 8 | 14 | +75.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 21754 housing inventory by bedroom type for April 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 75%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 21754 in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 21754, MD
How long does it take to sell a home in 21754, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 25 Days | -1.9% |
Summary: Homes in 21754 had an average of 25 days on market in Apr 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 21754; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.