$4,749 Closing Credit*
$399,900
2,970 SqFt
5 Beds
•2 Full Baths, 1 Partial
Shannon A Flannery, Listing Office: Maurer Realty
Is 21157, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21157 has remained a Seller's Market.
Key Takeaway
21157 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21157, MD
How much do homes in 21157, MD cost?
Median Sold Price
$425,625
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,125(+1.2%)
Key Takeaway
Homes in 21157 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 21157 was $425,625 in November 2024, up 1.2% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153.7K | $104.6K | -31.9% |
| 2 Bedrooms | $280K | $273.5K | -2.3% |
| 3 Bedrooms | $370K | $390K | +5.4% |
| 4 Bedrooms | $490.5K | $520K | +6.0% |
| 5+ Bedrooms | $735.9K | $722.5K | -1.8% |
Summary: 21157 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 21157, MD
How many homes are available in 21157, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 92 | -9.8% |
Summary: The 21157 real estate market had 92 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 12 | 7 | -41.7% |
| 3 Bedrooms | 47 | 43 | -8.5% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 21157 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 33 | +17.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21157, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 21157 in November 2024, up by 17.9% month-over-month. Of the 33 sold homes, 42% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for 21157, MD
How long does it take to sell a home in 21157, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 23 Days | +101.5% |
Summary: Homes in 21157 had an average of 23 days on market in Nov 2024, up by 101.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21157 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in 21157; 70% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
