Is 21904, 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, 21904 was a Neutral Market.
Housing Prices in 21904, MD
How much do homes in 21904, MD cost?
Median Sold Price
$371,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21904 was $371,000 in March 2024, down 5.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $35K | N/A |
2 Bedrooms | $250K | $276.5K | +10.6% |
3 Bedrooms | $301K | $345K | +14.6% |
4 Bedrooms | $422.5K | $500K | +18.3% |
5+ Bedrooms | $642.5K | $625K | -2.7% |
Summary: 21904 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 10.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Zip Codes
21903 | $289.9K | $335K | +15.5% |
21911 | $320K | $355K | +10.9% |
21904 | $394K | $371K | -5.8% |
21918 | $437K | $370K | -15.3% |
Housing Supply in 21904, MD
How many homes are available in 21904, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Summary: The 21904 real estate market had 32 homes for sale in March 2024, a 18.5% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 21904 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 25%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 21904 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 21904, MD
How long does it take to sell a home in 21904, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 19 Days | +5.5% |
Summary: Homes in 21904 had an average of 19 days on market in Mar 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
2 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, 3 homes were sold in 21904; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.