$10,000 Closing Credit*
$850,000
2,870 SqFt
4 Beds
•3 Full Baths
Shun Lu, Listing Office: Keller Williams Realty Centre
Is 21029, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 21029 was a Seller's Market.
Key Takeaway
21029 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 21029, MD
How much do homes in 21029, MD cost?
Median Sold Price
$885,000
$318/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$265,000(-23.0%)
Key Takeaway
Homes in 21029 have sold for 23% less than they did a month ago.
Summary: The median home sold price in 21029 was $885,000 in October 2024, down 23% from last month, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $445K | $446K | 0.2% |
| 3 Bedrooms | $670K | - | N/A |
| 4 Bedrooms | $1.1M | - | N/A |
| 5+ Bedrooms | $1.2M | $1.5M | +28.5% |
Summary: 21029 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 28.5%.
Housing Supply in 21029, MD
How many homes are available in 21029, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The 21029 real estate market had 18 homes for sale in October 2024, a 10.0% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 21029 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21029, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 21029 in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 5 Days | -75.7% |
Summary: Homes in 21029 had an average of 5 days on market in Oct 2024, down by 75.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 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 October 2024, 3 homes were sold in 21029; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
