Is 21921, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 21921 was a Neutral Market.
Housing Prices in 21921, MD
How much do homes in 21921, MD cost?
Median Sold Price
$326,560
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 21921 was $326,560 in February 2024, up 8.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.5K | - | N/A |
2 Bedrooms | $206.5K | $222.5K | +7.7% |
3 Bedrooms | $268.7K | $299.9K | +11.6% |
4 Bedrooms | $370K | $380K | +2.7% |
5+ Bedrooms | $579.9K | $568K | -2.1% |
Summary: 21921 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 21921, MD
How many homes are available in 21921, MD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
159 | 144 | -9.4% |
Summary: The 21921 real estate market had 144 homes for sale in February 2024, a 9.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 71 | 60 | -15.5% |
4 Bedrooms | 60 | 55 | -8.3% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 21921 housing inventory by bedroom type for February 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 15.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 21921 in February 2024, up by 13.3% month-over-month. Of the 34 sold homes, 32% were sold under asking, 38% were sold at asking, and 29% were sold over asking.
Days on Market for 21921, MD
How long does it take to sell a home in 21921, MD?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
20 Days | 33 Days | +61.8% |
Summary: Homes in 21921 had an average of 33 days on market in Feb 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 34 homes were sold in 21921; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.