$6,234 Closing Credit*
$525,000
2,023 SqFt
3 Beds
•2 Full Baths, 2 Partial
John M Walker Jr., Listing Office: Epique Realty
Is 21012, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 21012 has remained a Seller's Market.
Key Takeaway
21012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21012, MD
How much do homes in 21012, MD cost?
Median Sold Price
$568,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,000(+2.5%)
Key Takeaway
Homes in 21012 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 21012 was $568,000 in October 2024, up 2.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $285K | -8.1% |
| 3 Bedrooms | $426K | $500K | +17.4% |
| 4 Bedrooms | $622K | $660K | +6.1% |
| 5+ Bedrooms | $1.0M | $872.5K | -15.3% |
Summary: 21012 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 15.3%.
Housing Supply in 21012, MD
How many homes are available in 21012, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 67 | +13.6% |
Summary: The 21012 real estate market had 67 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 21012 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21012, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 21012 in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 29% were sold at asking, and 53% were sold over asking.
Days on Market for 21012, MD
How long does it take to sell a home in 21012, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 10 Days | -35.1% |
Summary: Homes in 21012 had an average of 10 days on market in Oct 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21012 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 21012; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
