$4,869 Closing Credit*
$410,000
1,763 SqFt
4 Beds
•2 Full Baths, 1 Partial
Deepak Nathani, Listing Office: EXP Realty, LLC
Is 21045, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$475,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+9.2%)
Key Takeaway
Homes in 21045 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 21045 was $475,000 in October 2024, up 9.2% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $176K | +6.7% |
| 2 Bedrooms | $232K | $237.4K | +2.4% |
| 3 Bedrooms | $410K | $440K | +7.3% |
| 4 Bedrooms | $500K | $550K | +10.0% |
| 5+ Bedrooms | $656K | $618.5K | -5.7% |
Summary: 21045 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in 21045, MD
How many homes are available in 21045, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 104 | +16.9% |
Summary: The 21045 real estate market had 104 homes for sale in October 2024, a 16.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 40 | 44 | +10.0% |
| 4 Bedrooms | 35 | 44 | +25.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 21045 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 34 | +61.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21045, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 21045 in October 2024, up by 61.9% month-over-month. Of the 34 sold homes, 12% were sold under asking, 24% were sold at asking, and 65% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 9 Days | -25.2% |
Summary: Homes in 21045 had an average of 9 days on market in Oct 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
34 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 21045 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 21045; 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.
