$8,906 Closing Credit*
$750,000
3,452 SqFt
5 Beds
•3 Full Baths, 1 Partial
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
Is 21144, 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, 21144 has remained a Seller's Market.
Key Takeaway
21144 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21144, MD
How much do homes in 21144, MD cost?
Median Sold Price
$506,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,440(+7.1%)
Key Takeaway
Homes in 21144 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 21144 was $506,500 in October 2024, up 7.1% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $213K | $420K | +97.2% |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $544K | $565K | +3.9% |
| 5+ Bedrooms | $695.5K | $728K | +4.7% |
Summary: 21144 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 97.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in 21144, MD
How many homes are available in 21144, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 80 | -5.9% |
Summary: The 21144 real estate market had 80 homes for sale in October 2024, a 5.9% decrease 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 37 | 36 | -2.7% |
| 4 Bedrooms | 36 | 33 | -8.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 21144 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 100%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 26 | -39.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21144, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 21144 in October 2024, down by 39.5% month-over-month. Of the 26 sold homes, 42% were sold under asking, 12% were sold at asking, and 46% were sold over asking.
Days on Market for 21144, MD
How long does it take to sell a home in 21144, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 32 Days | +77.3% |
Summary: Homes in 21144 had an average of 32 days on market in Oct 2024, up by 77.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21144 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 21144; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
