$10,000 Closing Credit*
$1,650,000
6,999 SqFt
6 Beds
•4 Full Baths, 2 Partial
John M Walker Jr., Listing Office: Epique Realty
Is 21029, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21029 has remained a Seller's Market.
Key Takeaway
21029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21029, MD
How much do homes in 21029, MD cost?
Median Sold Price
$1,025,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+7.9%)
Key Takeaway
Homes in 21029 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 21029 was $1,025,000 in November 2024, up 7.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $440K | $434.5K | -1.3% |
| 3 Bedrooms | $635K | $640K | +0.8% |
| 4 Bedrooms | $945K | $980K | +3.7% |
| 5+ Bedrooms | $1.1M | $1.2M | +4.2% |
Summary: 21029 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Zip Codes
| 20759 | $800K | $891.5K | +11.4% |
| 20777 | $839.9K | $910K | +8.3% |
| 21029 | $950K | $1.0M | +7.9% |
| 21044 | $460K | $485.3K | +5.5% |
Housing Supply in 21029, MD
How many homes are available in 21029, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The 21029 real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 21029 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21029, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 21029 in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 21029, MD
How long does it take to sell a home in 21029, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +45.2% |
Summary: Homes in 21029 had an average of 22 days on market in Nov 2024, up by 45.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21029 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 21029; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
