Is 21837, 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, 21837 was a Seller's Market.
Housing Prices in 21837, MD
How much do homes in 21837, MD cost?
Median Sold Price
$270,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21837 was $270,000 in March 2024, up 44.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $167.5K | +8.1% |
3 Bedrooms | $190K | $270K | +42.1% |
4 Bedrooms | $402.9K | $389K | -3.4% |
5+ Bedrooms | $169.5K | - | N/A |
Summary: 21837 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 8.1%, 3 bedroom homes increased by 42.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
21837 | $187.1K | $270K | +44.3% |
21861 | $229.9K | $265K | +15.2% |
21801 | $275.5K | $299.6K | +8.7% |
21830 | $250K | $265K | +6.0% |
21869 | $185.5K | $160K | -13.7% |
Housing Supply in 21837, MD
How many homes are available in 21837, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The 21837 real estate market had 13 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21837 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 decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 21837 in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 21837, MD
How long does it take to sell a home in 21837, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
5 Days | 6 Days | +20.0% |
Summary: Homes in 21837 had an average of 6 days on market in Mar 2024, up by 20% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in 21837; 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.