$5,284 Closing Credit*
$445,000
1,421 SqFt
2 Beds
•2 Full Baths
H. Whistler Burch, Listing Office: Long & Foster Real Estate, Inc.
Is 21093, 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, 21093 has remained a Seller's Market.
Key Takeaway
21093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21093, MD
How much do homes in 21093, MD cost?
Median Sold Price
$472,435
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,435(+4.5%)
Key Takeaway
Homes in 21093 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 21093 was $472,435 in October 2024, up 4.5% 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 | $190K | $205K | +7.9% |
| 2 Bedrooms | $329.9K | $360K | +9.1% |
| 3 Bedrooms | $435K | $453.2K | +4.2% |
| 4 Bedrooms | $520K | $539.5K | +3.8% |
| 5+ Bedrooms | $700K | $805K | +15.0% |
Summary: 21093 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 15%.
Housing Supply in 21093, MD
How many homes are available in 21093, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 127 | 165 | +29.9% |
Summary: The 21093 real estate market had 165 homes for sale in October 2024, a 29.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 27 | 43 | +59.3% |
| 3 Bedrooms | 44 | 57 | +29.5% |
| 4 Bedrooms | 43 | 45 | +4.7% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The 21093 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 increased by 59.3%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 49 | +28.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21093, you could pay more than the asking price. 40.8% of homes here sold above asking price last month.
Summary: A total of 49 homes were sold or pending in 21093 in October 2024, up by 28.9% month-over-month. Of the 49 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for 21093, MD
How long does it take to sell a home in 21093, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 23 Days | +24.9% |
Summary: Homes in 21093 had an average of 23 days on market in Oct 2024, up by 24.9% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21093 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 49 homes were sold in 21093; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
