$3,444 Closing Credit*
$290,000
1,214 SqFt
2 Beds
•2 Full Baths
Lisa C Yeager, Listing Office: Cummings & Co. Realtors
Is 21128, 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, 21128 has remained a Seller's Market.
Key Takeaway
21128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21128, MD
How much do homes in 21128, MD cost?
Median Sold Price
$410,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.5%)
Key Takeaway
Homes in 21128 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 21128 was $410,000 in October 2024, up 2.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $327.5K | +14.9% |
| 3 Bedrooms | $377K | $401.5K | +6.5% |
| 4 Bedrooms | $521K | $550K | +5.6% |
| 5+ Bedrooms | $646K | $640K | -0.9% |
Summary: 21128 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 14.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in 21128, MD
How many homes are available in 21128, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Summary: The 21128 real estate market had 44 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 13 | +116.7% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The 21128 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 116.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21128, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 21128 in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for 21128, MD
How long does it take to sell a home in 21128, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +10.0% |
Summary: Homes in 21128 had an average of 13 days on market in Oct 2024, up by 10% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21128 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 21128; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
