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 September 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

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$48,333(+11.7%)

Key Takeaway

Homes in 21015 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 21015 was $460,000 in September 2024, up 11.7% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $160K$190K
+18.8%
2 $280K$290K
+3.6%
3 $342.5K$371.3K
+8.4%
4 $547.5K$600.1K
+9.6%
5+ $757K$815K
+7.7%

Summary: 21015 housing prices by bedroom type for September 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 8.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Zip Codes

21050
+16.3%
21015
+11.7%
21014
+6.0%
21009
+3.8%

Housing Supply in 21015, MD

How many homes are available in 21015, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
89102+14.6%

Summary: The 21015 real estate market had 102 homes for sale in September 2024, a 14.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 89
+12.5%
3 3441
+20.6%
4 3032
+6.7%
5+ 1418
+28.6%

Summary: The 21015 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2528+12.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 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. 46.4% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 21015 in September 2024, up by 12.0% month-over-month. Of the 28 sold homes, 11% were sold under asking, 43% were sold at asking, and 46% 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

Sep 2023Sep 2024CHANGE
9 Days20 Days+120.4%

Summary: Homes in 21015 had an average of 20 days on market in Sep 2024, up by 120.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 28 homes were sold in 21015; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% 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 29 Days Ago

Newest Listings in 21015, MD

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