$8,905 Closing Credit*
$749,900
1,488 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rita B Cook, Listing Office: Cook Real Estate Brokerage
Is 21108, 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, 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
$585,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+11.4%)
Key Takeaway
Homes in 21108 have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in 21108 was $585,000 in November 2024, up 11.4% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $229.9K | -23.4% |
| 2 Bedrooms | $219K | $352.2K | +60.8% |
| 3 Bedrooms | $407.5K | $454.5K | +11.5% |
| 4 Bedrooms | $600K | $607.4K | +1.2% |
| 5+ Bedrooms | $822.5K | $963K | +17.1% |
Summary: 21108 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes increased by 60.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 17.1%.
Housing Supply in 21108, MD
How many homes are available in 21108, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The 21108 real estate market had 45 homes for sale in November 2024, a 2.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 21108 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21108, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 21108 in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 18% were sold under asking, 29% were sold at asking, and 53% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 23 Days | -2.8% |
Summary: Homes in 21108 had an average of 23 days on market in Nov 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 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 November 2024, 17 homes were sold in 21108; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
