$6,994 Closing Credit*
$589,000
2,196 SqFt
4 Beds
•2 Full Baths
Jack R Cooper, Listing Office: Jack Cooper Realty
Is 21043, 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, 21043 has remained a Seller's Market.
Key Takeaway
21043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21043, MD
How much do homes in 21043, MD cost?
Median Sold Price
$576,666
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+3.1%)
Key Takeaway
Homes in 21043 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 21043 was $576,666 in November 2024, up 3.1% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | - | N/A |
| 2 Bedrooms | $340K | $338.1K | -0.5% |
| 3 Bedrooms | $498.3K | $515K | +3.3% |
| 4 Bedrooms | $720K | $699.4K | -2.9% |
| 5+ Bedrooms | $854K | $923.8K | +8.2% |
Summary: 21043 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 0.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in 21043, MD
How many homes are available in 21043, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 92 | -13.2% |
Summary: The 21043 real estate market had 92 homes for sale in November 2024, a 13.2% decrease 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 | 26 | 16 | -38.5% |
| 3 Bedrooms | 37 | 33 | -10.8% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 21043 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 decreased by 38.5%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21043, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 21043 in November 2024, down by 9.1% month-over-month. Of the 30 sold homes, 30% were sold under asking, 17% were sold at asking, and 53% were sold over asking.
Days on Market for 21043, MD
How long does it take to sell a home in 21043, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +24.3% |
Summary: Homes in 21043 had an average of 16 days on market in Nov 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21043 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in 21043; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
