$4,393 Closing Credit*
$369,900
1,152 SqFt
4 Beds
•2 Full Baths
Jose L Vedia, Listing Office: Move4Free Realty, LLC
Is 21061, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21061 has remained a Seller's Market.
Key Takeaway
21061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21061, MD
How much do homes in 21061, MD cost?
Median Sold Price
$384,870
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,370(+3.6%)
Key Takeaway
Homes in 21061 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 21061 was $384,870 in November 2024, up 3.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $221K | N/A |
| 2 Bedrooms | $249.2K | $258.5K | +3.7% |
| 3 Bedrooms | $345K | $365K | +5.8% |
| 4 Bedrooms | $405K | $412.5K | +1.9% |
| 5+ Bedrooms | $430K | $450K | +4.7% |
Summary: 21061 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in 21061, MD
How many homes are available in 21061, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 104 | -11.9% |
Summary: The 21061 real estate market had 104 homes for sale in November 2024, a 11.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 9 | +125.0% |
| 3 Bedrooms | 70 | 58 | -17.1% |
| 4 Bedrooms | 35 | 31 | -11.4% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 21061 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 125%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 26 | -39.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21061, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 21061 in November 2024, down by 39.5% month-over-month. Of the 26 sold homes, 19% were sold under asking, 23% were sold at asking, and 58% were sold over asking.
Days on Market for 21061, MD
How long does it take to sell a home in 21061, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -7.7% |
Summary: Homes in 21061 had an average of 19 days on market in Nov 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21061 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 21061; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
