$6,353 Closing Credit*
$535,000
3,380 SqFt
4 Beds
•2 Full Baths
Barb Herndon, Listing Office: The Cornerstone Agency, LLC
Is 21120, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21120 was a Seller's Market.
Key Takeaway
21120 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 21120, MD
How much do homes in 21120, MD cost?
Median Sold Price
$610,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,750(-3.0%)
Key Takeaway
Homes in 21120 have sold for 3% less than they did a year ago.
Summary: The median home sold price in 21120 was $610,000 in November 2024, down 3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $267.5K | N/A |
| 3 Bedrooms | $482.5K | $447.5K | -7.3% |
| 4 Bedrooms | $660K | $660K | 0.0% |
| 5+ Bedrooms | $777.5K | $700K | -10.0% |
Summary: 21120 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 did not change, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 10%.
Housing Supply in 21120, MD
How many homes are available in 21120, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The 21120 real estate market had 13 homes for sale in November 2024, a 23.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 21120 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21120, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21120 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 21120, MD
How long does it take to sell a home in 21120, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 19 Days | +9.6% |
Summary: Homes in 21120 had an average of 19 days on market in Nov 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 21120; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
