$7,421 Closing Credit*
$624,900
3,981 SqFt
4 Beds
•2 Full Baths, 1 Partial
Gigi Causey, Listing Office: Cummings & Co. Realtors
Is 21057, 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, 21057 has remained a Seller's Market.
Key Takeaway
21057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21057, MD
How much do homes in 21057, MD cost?
Median Sold Price
$605,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+2.5%)
Key Takeaway
Homes in 21057 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 21057 was $605,000 in October 2024, up 2.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $360K | +10.8% |
| 3 Bedrooms | $500K | $498.7K | -0.3% |
| 4 Bedrooms | $619.7K | $640K | +3.3% |
| 5+ Bedrooms | $710.5K | $771K | +8.5% |
Summary: 21057 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 increased by 10.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in 21057, MD
How many homes are available in 21057, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The 21057 real estate market had 18 homes for sale in October 2024, a 28.6% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 21057 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 decreased by 20%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21057, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 21057 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 21057, MD
How long does it take to sell a home in 21057, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 25 Days | 0.4% |
Summary: Homes in 21057 had an average of 25 days on market in Oct 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21057 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 21057; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
