Is 21776, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 21776 was a Buyer's Market.
Housing Prices in 21776, MD
How much do homes in 21776, MD cost?
Median Sold Price
$454,900
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21776 was $454,900 in March 2024, up 8.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $545K | N/A |
2 Bedrooms | $280K | $286.2K | +2.2% |
3 Bedrooms | $419.9K | $425K | +1.2% |
4 Bedrooms | $450K | $480K | +6.7% |
5+ Bedrooms | $715K | $650K | -9.1% |
Summary: 21776 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 9.1%.
Housing Supply in 21776, MD
How many homes are available in 21776, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Summary: The 21776 real estate market had 35 homes for sale in March 2024, a 2.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 21776 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 21776 in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 0% were sold under asking, 14% were sold at asking, and 86% were sold over asking.
Days on Market for 21776, MD
How long does it take to sell a home in 21776, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
2 Days | 21 Days | +950.0% |
Summary: Homes in 21776 had an average of 21 days on market in Mar 2024, up by 950% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 21776; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.