$4,038 Closing Credit*
$340,000
1,334 SqFt
2 Beds
•2 Full Baths
Matthew Thomas Arnold, Listing Office: Real Broker, LLC
Is 21054, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 21054 has remained a Seller's Market.
Key Takeaway
21054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21054, MD
How much do homes in 21054, MD cost?
Median Sold Price
$620,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$57,000(+10.1%)
Key Takeaway
Homes in 21054 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 21054 was $620,000 in December 2024, up 10.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287K | $285K | -0.7% |
| 2 Bedrooms | $375K | $340K | -9.3% |
| 3 Bedrooms | $530K | $545K | +2.8% |
| 4 Bedrooms | $641.2K | $665K | +3.7% |
| 5+ Bedrooms | $975K | $980K | 0.5% |
Summary: 21054 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 21054, MD
How many homes are available in 21054, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Summary: The 21054 real estate market had 13 homes for sale in December 2024, a 45.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 8 | 2 | -75.0% |
Summary: The 21054 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21054, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 21054 in December 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 21054, MD
How long does it take to sell a home in 21054, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 10 Days | -72.2% |
Summary: Homes in 21054 had an average of 10 days on market in Dec 2024, down by 72.2% compared to last year.
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
Key Takeaway
Many homes in 21054 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 21054; 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.
