$6,411 Closing Credit*
$539,900
2,749 SqFt
4 Beds
•3 Full Baths, 1 Partial
AMELIA E SMITH, Listing Office: Redfin Corp
Is 21114, 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, 21114 has remained a Seller's Market.
Key Takeaway
21114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21114, MD
How much do homes in 21114, MD cost?
Median Sold Price
$434,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+6.0%)
Key Takeaway
Homes in 21114 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 21114 was $434,500 in October 2024, up 6% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $337K | +8.7% |
| 3 Bedrooms | $380K | $411K | +8.2% |
| 4 Bedrooms | $632.5K | $635K | 0.4% |
| 5+ Bedrooms | $750K | $755K | +0.7% |
Summary: 21114 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 increased by 8.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 21114, MD
How many homes are available in 21114, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 77 | 0.0% |
Summary: The 21114 real estate market had 77 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 18 | +50.0% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The 21114 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 50%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21114, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 21114 in October 2024, down by 15.6% month-over-month. Of the 27 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 21114, MD
How long does it take to sell a home in 21114, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 12 Days | +31.9% |
Summary: Homes in 21114 had an average of 12 days on market in Oct 2024, up by 31.9% compared to last year.
Breakdown of Home Sale Times
23 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 21114 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 21114; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
