Is 21009, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21009 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 21009 has remained a Seller's Market.

Key Takeaway

21009 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21009, MD

How much do homes in 21009, MD cost?

Median Sold Price

$338,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,500(+1.0%)

Key Takeaway

Homes in 21009 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 21009 was $338,500 in November 2024, up 1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $173K-
N/A
2 $250K$263.6K
+5.4%
3 $323.3K$329.9K
+2.0%
4 $457.9K$450K
-1.7%
5+ $610K$535K
-12.3%

Summary: 21009 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 5.4%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

21015
+15.2%
21085
+14.1%
21040
+12.1%
21017
+2.2%
21009
+1.0%

Housing Supply in 21009, MD

How many homes are available in 21009, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
104101-2.9%

Summary: The 21009 real estate market had 101 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1815
-16.7%
3 5453
-1.9%
4 2527
+8.0%
5+ 76
-14.3%

Summary: The 21009 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 decreased by 16.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3931-20.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21009, you may be able to get a good deal. 35.5% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 21009 in November 2024, down by 20.5% month-over-month. Of the 31 sold homes, 35% were sold under asking, 35% were sold at asking, and 29% were sold over asking.

Days on Market for 21009, MD

How long does it take to sell a home in 21009, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days16 Days+44.8%

Summary: Homes in 21009 had an average of 16 days on market in Nov 2024, up by 44.8% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21009 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 31 homes were sold in 21009; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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