Is 21152, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21152 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 21152 was a Seller's Market.

Key Takeaway

21152 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 21152, MD

How much do homes in 21152, MD cost?

Median Sold Price

$430,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+7.5%)

Key Takeaway

Homes in 21152 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 21152 was $430,000 in October 2024, up 7.5% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $247.5K$263K
+6.3%
3 $415K$477.5K
+15.1%
4 $426.2K$490K
+15.0%
5+ $1.4M$995K
-31.1%

Summary: 21152 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 6.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 31.1%.

Median Sold Price Compared To Nearby Zip Codes

21131
+10.3%
21152
+7.5%
21030
+4.4%
21111
-14.4%

Housing Supply in 21152, MD

How many homes are available in 21152, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The 21152 real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 45
+25.0%
4 54
-20.0%
5+ 68
+33.3%

Summary: The 21152 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21152, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 21152 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 21152, MD

How long does it take to sell a home in 21152, MD?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days35 Days+58.0%

Summary: Homes in 21152 had an average of 35 days on market in Oct 2024, up by 58% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21152 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 21152; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in 21152, MD

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