$4,453 Closing Credit*
$375,000
2,200 SqFt
3 Beds
•3 Full Baths, 1 Partial
John M Walker Jr., Listing Office: Epique Realty
Is 21117, 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, 21117 has remained a Seller's Market.
Key Takeaway
21117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21117, MD
How much do homes in 21117, MD cost?
Median Sold Price
$375,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+7.1%)
Key Takeaway
Homes in 21117 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 21117 was $375,000 in November 2024, up 7.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $181.2K | +1.3% |
| 2 Bedrooms | $240K | $250K | +4.2% |
| 3 Bedrooms | $340K | $350K | +2.9% |
| 4 Bedrooms | $521.2K | $530K | +1.7% |
| 5+ Bedrooms | $801.5K | $817K | +1.9% |
Summary: 21117 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 21117, MD
How many homes are available in 21117, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 175 | +4.8% |
Summary: The 21117 real estate market had 175 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 43 | 43 | 0.0% |
| 3 Bedrooms | 60 | 70 | +16.7% |
| 4 Bedrooms | 39 | 33 | -15.4% |
| 5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The 21117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21117, you could pay more than the asking price. 42.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in 21117 in November 2024, down by 9.1% month-over-month. Of the 40 sold homes, 25% were sold under asking, 33% were sold at asking, and 43% were sold over asking.
Days on Market for 21117, MD
How long does it take to sell a home in 21117, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -6.8% |
Summary: Homes in 21117 had an average of 19 days on market in Nov 2024, down by 6.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21117 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in 21117; 75% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
