$5,651 Closing Credit*
$475,885
2,277 SqFt
3 Beds
•3 Full Baths, 1 Partial
Tineshia R. Johnson, Listing Office: NVR Services, Inc.
Is 21015, 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, 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
$460,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$63,250(+15.9%)
Key Takeaway
Homes in 21015 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 21015 was $460,500 in October 2024, up 15.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $190K | +18.8% |
| 2 Bedrooms | $280K | $290K | +3.6% |
| 3 Bedrooms | $338K | $382K | +13.0% |
| 4 Bedrooms | $548.7K | $597K | +8.8% |
| 5+ Bedrooms | $808K | $820.4K | +1.5% |
Summary: 21015 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 21015, MD
How many homes are available in 21015, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 109 | +14.7% |
Summary: The 21015 real estate market had 109 homes for sale in October 2024, a 14.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 15 | +87.5% |
| 3 Bedrooms | 45 | 46 | +2.2% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The 21015 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21015, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in 21015 in October 2024, up by 23.3% month-over-month. Of the 37 sold homes, 27% were sold under asking, 22% were sold at asking, and 51% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 19 Days | +68.2% |
Summary: Homes in 21015 had an average of 19 days on market in Oct 2024, up by 68.2% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21015 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in 21015; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
