Is 21795, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 21795 has remained a Buyer's Market.
Housing Prices in 21795, MD
How much do homes in 21795, MD cost?
Median Sold Price
$328,250
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21795 was $328,250 in March 2024, up 18.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $106K | $127.5K | +20.3% |
2 Bedrooms | $160K | $182.5K | +14.1% |
3 Bedrooms | $276K | $315K | +14.1% |
4 Bedrooms | $385K | $395K | +2.6% |
5+ Bedrooms | $560K | $509.9K | -8.9% |
Summary: 21795 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in 21795, MD
How many homes are available in 21795, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 46 | +15.0% |
Summary: The 21795 real estate market had 46 homes for sale in March 2024, a 15.0% increase 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 | 2 | 4 | +100.0% |
3 Bedrooms | 24 | 24 | 0.0% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 21795 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 21795 in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 21795, MD
How long does it take to sell a home in 21795, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 18 Days | +350.0% |
Summary: Homes in 21795 had an average of 18 days on market in Mar 2024, up by 350% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 21795; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.