$10,000 Closing Credit*
$875,000
4,080 SqFt
5 Beds
•3 Full Baths, 1 Partial
Maria L Kostkowski, Listing Office: Keller Williams Flagship of Maryland
Is 21108, 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, 21108 has remained a Seller's Market.
Key Takeaway
21108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21108, MD
How much do homes in 21108, MD cost?
Median Sold Price
$580,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+10.5%)
Key Takeaway
Homes in 21108 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 21108 was $580,000 in October 2024, up 10.5% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $229.9K | -23.4% |
| 2 Bedrooms | $226.5K | $305K | +34.7% |
| 3 Bedrooms | $395K | $434.1K | +9.9% |
| 4 Bedrooms | $615K | $607.4K | -1.2% |
| 5+ Bedrooms | $805K | $968K | +20.2% |
Summary: 21108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes increased by 34.7%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in 21108, MD
How many homes are available in 21108, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 46 | +21.1% |
Summary: The 21108 real estate market had 46 homes for sale in October 2024, a 21.1% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 12 | 20 | +66.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 21108 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 200%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21108, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 21108 in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 21108, MD
How long does it take to sell a home in 21108, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +34.1% |
Summary: Homes in 21108 had an average of 16 days on market in Oct 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21108 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 21108; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
