Is 21154, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21154 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 21154 has remained a Seller's Market.

Key Takeaway

21154 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21154, MD

How much do homes in 21154, MD cost?

Median Sold Price

$630,250

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$170,250(+37.0%)

Key Takeaway

Homes in 21154 have sold for 37% more than they did a month ago.

Summary: The median home sold price in 21154 was $630,250 in November 2024, up 37% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $420K$700.5K
+66.8%
4 $690K-
N/A
5+ $575K$560K
-2.6%

Summary: 21154 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 increased by 66.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

21154
+37.0%
21132
-36.8%

Housing Supply in 21154, MD

How many homes are available in 21154, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1611-31.3%

Summary: The 21154 real estate market had 11 homes for sale in November 2024, a 31.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 44
0.0%
5+ 53
-40.0%

Summary: The 21154 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21154, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 21154 in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 21154, MD

How long does it take to sell a home in 21154, MD?

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days29 Days+26.1%

Summary: Homes in 21154 had an average of 29 days on market in Nov 2024, up by 26.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21154 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 21154; 50% of homes were sold within 30 days, 50% 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 21154, MD

Nearby Markets to 21154, MD