Is 21030, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21030 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 21030 has remained a Seller's Market.

Key Takeaway

21030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21030, MD

How much do homes in 21030, MD cost?

Median Sold Price

$470,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+4.4%)

Key Takeaway

Homes in 21030 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 21030 was $470,000 in October 2024, up 4.4% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212.4K$232.4K
+9.4%
2 $285K$180.1K
-36.8%
3 $365K$400K
+9.6%
4 $484K$550K
+13.6%
5+ $1.0M$1.1M
+8.0%

Summary: 21030 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 36.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

21131
+10.3%
21152
+7.5%
21093
+4.5%
21030
+4.4%

Housing Supply in 21030, MD

How many homes are available in 21030, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5147-7.8%

Summary: The 21030 real estate market had 47 homes for sale in October 2024, a 7.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 55
0.0%
3 2013
-35.0%
4 1112
+9.1%
5+ 1316
+23.1%

Summary: The 21030 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 remained the same, 3 bedroom homes decreased by 35%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1812-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21030, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 21030 in October 2024, down by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.

Days on Market for 21030, MD

How long does it take to sell a home in 21030, MD?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days17 Days-45.5%

Summary: Homes in 21030 had an average of 17 days on market in Oct 2024, down by 45.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21030 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 21030; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

Newest Listings in 21030, MD

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