$3,086 Closing Credit*
$259,900
1,163 SqFt
2 Beds
•2 Full Baths
James F Ferguson, Listing Office: EXIT Preferred Realty, LLC
Is 21014, 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, 21014 has remained a Seller's Market.
Key Takeaway
21014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21014, MD
How much do homes in 21014, MD cost?
Median Sold Price
$421,250
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,416(+2.8%)
Key Takeaway
Homes in 21014 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 21014 was $421,250 in October 2024, up 2.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $170.7K | -5.1% |
| 2 Bedrooms | $245K | $265K | +8.2% |
| 3 Bedrooms | $380K | $392.5K | +3.3% |
| 4 Bedrooms | $500K | $510K | +2.0% |
| 5+ Bedrooms | $537.5K | $715K | +33.0% |
Summary: 21014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 33%.
Housing Supply in 21014, MD
How many homes are available in 21014, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 110 | +23.6% |
Summary: The 21014 real estate market had 110 homes for sale in October 2024, a 23.6% 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 | 25 | 29 | +16.0% |
| 3 Bedrooms | 34 | 42 | +23.5% |
| 4 Bedrooms | 24 | 34 | +41.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 21014 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 increased by 16%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21014, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in 21014 in October 2024, up by 3.2% month-over-month. Of the 32 sold homes, 28% were sold under asking, 38% were sold at asking, and 34% were sold over asking.
Days on Market for 21014, MD
How long does it take to sell a home in 21014, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 20 Days | +77.9% |
Summary: Homes in 21014 had an average of 20 days on market in Oct 2024, up by 77.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21014 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in 21014; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
