Is 21826, 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, 21826 was a Neutral Market.
Housing Prices in 21826, MD
How much do homes in 21826, MD cost?
Median Sold Price
$255,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21826 was $255,000 in March 2024, up 4.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $209.9K | $175K | -16.6% |
3 Bedrooms | $218K | $241.2K | +10.7% |
4 Bedrooms | $358.9K | $330K | -8.1% |
5+ Bedrooms | $350K | $353.5K | +1.0% |
Summary: 21826 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 decreased by 16.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 1%.
Housing Supply in 21826, MD
How many homes are available in 21826, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The 21826 real estate market had 35 homes for sale in March 2024, a 5.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 21826 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 21826 in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 21826, MD
How long does it take to sell a home in 21826, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 94 Days | -12.6% |
Summary: Homes in 21826 had an average of 94 days on market in Mar 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 21826; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.