Is 21015, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21015 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 21015 has remained a Seller's Market.

Key Takeaway

21015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21015, MD

How much do homes in 21015, MD cost?

Median Sold Price

$460,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,550(+15.2%)

Key Takeaway

Homes in 21015 have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in 21015 was $460,000 in November 2024, up 15.2% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$205.7K
+28.6%
2 $281.5K$290K
+3.0%
3 $341K$380K
+11.4%
4 $543.7K$602.1K
+10.7%
5+ $757K$832.4K
+10.0%

Summary: 21015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

21028
+18.0%
21015
+15.2%
21050
+10.7%
21014
+2.4%
21009
+1.0%

Housing Supply in 21015, MD

How many homes are available in 21015, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10293-8.8%

Summary: The 21015 real estate market had 93 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1314
+7.7%
3 4336
-16.3%
4 3027
-10.0%
5+ 1515
0.0%

Summary: The 21015 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 7.7%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3834-10.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21015, you could pay more than the asking price. 44.1% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in 21015 in November 2024, down by 10.5% month-over-month. Of the 34 sold homes, 26% were sold under asking, 29% were sold at asking, and 44% were sold over asking.

Days on Market for 21015, MD

How long does it take to sell a home in 21015, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days13 Days-16.2%

Summary: Homes in 21015 had an average of 13 days on market in Nov 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21015 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 21015; 79% of homes were sold within 30 days, 21% 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 22 Days Ago

Newest Listings in 21015, MD

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