$5,463 Closing Credit*
$460,000
1,748 SqFt
3 Beds
•2 Full Baths, 1 Partial
Julie Kelley, Listing Office: Weichert Realtors - McKenna & Vane
Is 21045, 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, 21045 has remained a Seller's Market.
Key Takeaway
21045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21045, MD
How much do homes in 21045, MD cost?
Median Sold Price
$479,250
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,750(+10.0%)
Key Takeaway
Homes in 21045 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 21045 was $479,250 in November 2024, up 10% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $175K | +6.1% |
| 2 Bedrooms | $232K | $240K | +3.4% |
| 3 Bedrooms | $410K | $447.5K | +9.1% |
| 4 Bedrooms | $505.5K | $540K | +6.8% |
| 5+ Bedrooms | $652K | $619.2K | -5.0% |
Summary: 21045 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 21045, MD
How many homes are available in 21045, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 97 | -1.0% |
Summary: The 21045 real estate market had 97 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 43 | 40 | -7.0% |
| 4 Bedrooms | 43 | 41 | -4.7% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 21045 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21045, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in 21045 in November 2024, down by 8.6% month-over-month. Of the 32 sold homes, 34% were sold under asking, 9% were sold at asking, and 56% were sold over asking.
Days on Market for 21045, MD
How long does it take to sell a home in 21045, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 17 Days | +20.9% |
Summary: Homes in 21045 had an average of 17 days on market in Nov 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21045 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 32 homes were sold in 21045; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
