$7,955 Closing Credit*
$669,900
2,810 SqFt
5 Beds
•2 Full Baths, 1 Partial
David Orso, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is 21146, 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, 21146 has remained a Seller's Market.
Key Takeaway
21146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21146, MD
How much do homes in 21146, MD cost?
Median Sold Price
$748,450
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$93,450(+14.3%)
Key Takeaway
Homes in 21146 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 21146 was $748,450 in October 2024, up 14.3% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $2.5M | - | N/A |
| 2 Bedrooms | $360K | $395.2K | +9.8% |
| 3 Bedrooms | $535K | $649.9K | +21.5% |
| 4 Bedrooms | $680K | $770K | +13.2% |
| 5+ Bedrooms | $867.4K | $880K | +1.4% |
Summary: 21146 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 9.8%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in 21146, MD
How many homes are available in 21146, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 72 | +9.1% |
Summary: The 21146 real estate market had 72 homes for sale in October 2024, a 9.1% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 28 | 31 | +10.7% |
| 5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The 21146 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 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21146, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 21146 in October 2024, down by 26.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for 21146, MD
How long does it take to sell a home in 21146, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 43 Days | +240.0% |
Summary: Homes in 21146 had an average of 43 days on market in Oct 2024, up by 240% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21146 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 21146; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
