Is 21132, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21132 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 21132 was a Seller's Market.

Key Takeaway

21132 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 21132, MD

How much do homes in 21132, MD cost?

Median Sold Price

$425,000

$150/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$248,000(-36.8%)

Key Takeaway

Homes in 21132 have sold for 36.8% less than they did a month ago.

Summary: The median home sold price in 21132 was $425,000 in November 2024, down 36.8% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $491K$425K
-13.4%
5+ $855K-
N/A

Summary: 21132 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

21154
+37.0%
21132
-36.8%
17321
-50.8%

Housing Supply in 21132, MD

How many homes are available in 21132, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 21132 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 43
-25.0%
5+ 10
-100.0%

Summary: The 21132 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 200%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21132, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 21132 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 21132, MD

How long does it take to sell a home in 21132, MD?

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days10 Days-59.2%

Summary: Homes in 21132 had an average of 10 days on market in Nov 2024, down by 59.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21132 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 21132; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 21132, MD

Nearby Markets to 21132, MD