$4,156 Closing Credit*
$350,000
1,000 SqFt
4 Beds
•1 Full Bath
Din A Khaled, Listing Office: Tennant Commercial Advisors, LLC
Is 21060, 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, 21060 has remained a Seller's Market.
Key Takeaway
21060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21060, MD
How much do homes in 21060, MD cost?
Median Sold Price
$389,933
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,816(-1.0%)
Key Takeaway
Homes in 21060 have sold for 1% less than they did a year ago.
Summary: The median home sold price in 21060 was $389,933 in October 2024, down 1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $175K | +2.9% |
| 2 Bedrooms | $233K | $247K | +6.0% |
| 3 Bedrooms | $405K | $410K | +1.2% |
| 4 Bedrooms | $424K | $422.5K | -0.4% |
| 5+ Bedrooms | $482.5K | $448K | -7.2% |
Summary: 21060 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in 21060, MD
How many homes are available in 21060, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 136 | 146 | +7.4% |
Summary: The 21060 real estate market had 146 homes for sale in October 2024, a 7.4% 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 | 29 | 31 | +6.9% |
| 3 Bedrooms | 63 | 71 | +12.7% |
| 4 Bedrooms | 36 | 33 | -8.3% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The 21060 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 increased by 6.9%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21060, expect to pay close to the asking price. 41.5% of homes here sold near the asking price last month.
Summary: A total of 41 homes were sold or pending in 21060 in October 2024, down by 2.4% month-over-month. Of the 41 sold homes, 22% were sold under asking, 41% were sold at asking, and 37% were sold over asking.
Days on Market for 21060, MD
How long does it take to sell a home in 21060, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 27 Days | +65.8% |
Summary: Homes in 21060 had an average of 27 days on market in Oct 2024, up by 65.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21060 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in 21060; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
