$8,906 Closing Credit*
$750,000
4 Beds
•2 Full Baths, 1 Partial
Christina J Palmer, Listing Office: Keller Williams Flagship of Maryland
Is 21054, 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, 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
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+8.3%)
Key Takeaway
Homes in 21054 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 21054 was $620,000 in October 2024, up 8.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287K | $285K | -0.7% |
| 2 Bedrooms | $379.2K | $340K | -10.3% |
| 3 Bedrooms | $527.5K | $546.5K | +3.6% |
| 4 Bedrooms | $640K | $665K | +3.9% |
| 5+ Bedrooms | $1.0M | $1.0M | 0.4% |
Summary: 21054 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 21054, MD
How many homes are available in 21054, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Summary: The 21054 real estate market had 26 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 21054 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21054, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 21054 in October 2024, down by 50.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +38.7% |
Summary: Homes in 21054 had an average of 28 days on market in Oct 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 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 October 2024, 8 homes were sold in 21054; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
