$7,838 Closing Credit*
$660,000
2,468 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michelle Joan Boretti, Listing Office: Coldwell Banker Realty
Is 21114, 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, 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
$430,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+3.6%)
Key Takeaway
Homes in 21114 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 21114 was $430,000 in November 2024, up 3.6% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $318.5K | $330K | +3.6% |
| 3 Bedrooms | $385K | $410K | +6.5% |
| 4 Bedrooms | $640K | $635K | -0.8% |
| 5+ Bedrooms | $750K | $755K | +0.7% |
Summary: 21114 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 0.8%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 70 | -7.9% |
Summary: The 21114 real estate market had 70 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 39 | 30 | -23.1% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 21114 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 19 | -29.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21114, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 21114 in November 2024, down by 29.6% month-over-month. Of the 19 sold homes, 11% were sold under asking, 32% were sold at asking, and 58% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 16 Days | +18.1% |
Summary: Homes in 21114 had an average of 16 days on market in Nov 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
15 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 November 2024, 19 homes were sold in 21114; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
