Is 21911, 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, 21911 has remained a Seller's Market.
Key Takeaway
21911 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21911, MD
How much do homes in 21911, MD cost?
Median Sold Price
$355,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 21911 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 21911 was $355,000 in March 2024, up 10.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $273.7K | $273.5K | -0.1% |
| 3 Bedrooms | $301.1K | $333.5K | +10.7% |
| 4 Bedrooms | $337K | $408.5K | +21.2% |
| 5+ Bedrooms | $550K | $376.9K | -31.5% |
Summary: 21911 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 0.1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 31.5%.
Median Sold Price Compared To Nearby Zip Codes
| 21911 | $320K | $355K | +10.9% |
| 19362 | $416.9K | $402.5K | -3.5% |
| 21904 | $394K | $371K | -5.8% |
| 21918 | $437K | $370K | -15.3% |
Housing Supply in 21911, MD
How many homes are available in 21911, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The 21911 real estate market had 37 homes for sale in March 2024, a 5.1% 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 | 3 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 21911 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 decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21911, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 21911 in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 21911, MD
How long does it take to sell a home in 21911, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 52 Days | +103.8% |
Summary: Homes in 21911 had an average of 52 days on market in Mar 2024, up by 103.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21911 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in 21911; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
