$4,738 Closing Credit*
$399,000
1,400 SqFt
3 Beds
•1 Full Bath, 1 Partial
Mercedes V Brooks, Listing Office: Monument Sotheby's International Realty
Is 21102, 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, 21102 has remained a Seller's Market.
Key Takeaway
21102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21102, MD
How much do homes in 21102, MD cost?
Median Sold Price
$431,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,000(-6.1%)
Key Takeaway
Homes in 21102 have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in 21102 was $431,000 in October 2024, down 6.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162.9K | N/A |
| 2 Bedrooms | $410K | $312.2K | -23.8% |
| 3 Bedrooms | $350K | $372.5K | +6.4% |
| 4 Bedrooms | $527.5K | $582K | +10.3% |
| 5+ Bedrooms | $592.5K | $570K | -3.8% |
Summary: 21102 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 decreased by 23.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 21102, MD
How many homes are available in 21102, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The 21102 real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 21102 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 decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21102, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 21102 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for 21102, MD
How long does it take to sell a home in 21102, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 7 Days | -84.8% |
Summary: Homes in 21102 had an average of 7 days on market in Oct 2024, down by 84.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21102 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 21102; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
