Is 21036, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21036 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 21036 was a Neutral Market.

Key Takeaway

21036 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21036, MD

How much do homes in 21036, MD cost?

Median Sold Price

$865,000

$306/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$79,000(+10.1%)

Key Takeaway

Homes in 21036 have sold for 10.1% more than they did a month ago.

Summary: The median home sold price in 21036 was $865,000 in October 2024, up 10.1% from last month, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $786K$865K
+10.1%
5+ --
N/A

Summary: 21036 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

21036
+10.1%
21029
-23.0%

Housing Supply in 21036, MD

How many homes are available in 21036, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The 21036 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 54
-20.0%
5+ 12
+100.0%

Summary: The 21036 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21036, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 21036 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 21036, MD

How long does it take to sell a home in 21036, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days10 Days-9.1%

Summary: Homes in 21036 had an average of 10 days on market in Oct 2024, down by 9.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21036 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 21036; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 21036, MD

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