$7,124 Closing Credit*
$599,900
1,768 SqFt
3 Beds
•2 Full Baths
Bruce Lentz, Listing Office: Krauss Real Property Brokerage
Is 21053, 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, 21053 has remained a Seller's Market.
Key Takeaway
21053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21053, MD
How much do homes in 21053, MD cost?
Median Sold Price
$466,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$49,000(-9.5%)
Key Takeaway
Homes in 21053 have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in 21053 was $466,000 in October 2024, down 9.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $296K | N/A |
| 3 Bedrooms | $440K | $420K | -4.5% |
| 4 Bedrooms | $615K | $542.5K | -11.8% |
| 5+ Bedrooms | $667.5K | $850K | +27.3% |
Summary: 21053 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 27.3%.
Housing Supply in 21053, MD
How many homes are available in 21053, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The 21053 real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 21053 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 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21053, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 21053 in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for 21053, MD
How long does it take to sell a home in 21053, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 43 Days | +777.8% |
Summary: Homes in 21053 had an average of 43 days on market in Oct 2024, up by 777.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21053 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 21053; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
