Is 21769, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21769 is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, 21769 has remained a Neutral Market.

Key Takeaway

21769 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 21769, MD

How much do homes in 21769, MD cost?

Median Sold Price

$535,000

$204/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since February 2023.

Key Takeaway

The sold price of homes in 21769 has remained the same since last year.

Summary: The median home sold price in 21769 was $535,000 in February 2024, the same as last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $44.8K$227.5K
+407.2%
2 $375K$360K
-4.0%
3 $424.5K$410K
-3.4%
4 $600K$562.5K
-6.3%
5+ $680K$747.7K
+10.0%

Summary: 21769 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 407.2%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

21755
+9.3%
21702
+4.5%
21769
0.0%

Housing Supply in 21769, MD

How many homes are available in 21769, MD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
34340.0%

Summary: The 21769 real estate market had 34 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 76
-14.3%
4 1518
+20.0%
5+ 109
-10.0%

Summary: The 21769 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
550.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21769, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 21769 in February 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for 21769, MD

How long does it take to sell a home in 21769, MD?

Average Sale Time

Feb 2023Feb 2024CHANGE
39 Days10 Days-73.3%

Summary: Homes in 21769 had an average of 10 days on market in Feb 2024, down by 73.3% compared to last year.

Breakdown of Home Sale Times

5 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 21769 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in 21769; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21769, MD

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