$2,672 Closing Credit*
$225,000
1,240 SqFt
4 Beds
•2 Full Baths
Ashley Monico, Listing Office: Long & Foster Real Estate, Inc.
Is 21001, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21001 has remained a Seller's Market.
Key Takeaway
21001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21001, MD
How much do homes in 21001, MD cost?
Median Sold Price
$330,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.8%)
Key Takeaway
Homes in 21001 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 21001 was $330,000 in November 2024, up 4.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $178.5K | N/A |
| 2 Bedrooms | $200K | $219.9K | +10.0% |
| 3 Bedrooms | $299.7K | $319K | +6.4% |
| 4 Bedrooms | $379K | $410K | +8.2% |
| 5+ Bedrooms | $495K | $464.7K | -6.1% |
Summary: 21001 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
| 21040 | $233.5K | $261.6K | +12.1% |
| 21001 | $315K | $330K | +4.8% |
| 21017 | $269K | $275K | +2.2% |
Housing Supply in 21001, MD
How many homes are available in 21001, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 107 | 109 | +1.9% |
Summary: The 21001 real estate market had 109 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 47 | 49 | +4.3% |
| 4 Bedrooms | 35 | 33 | -5.7% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The 21001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21001, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in 21001 in November 2024, down by 8.0% month-over-month. Of the 23 sold homes, 13% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for 21001, MD
How long does it take to sell a home in 21001, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 18 Days | +28.1% |
Summary: Homes in 21001 had an average of 18 days on market in Nov 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21001 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 21001; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
