$4,156 Closing Credit*
$350,000
1,181 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kevin R Utz, Listing Office: EXP Realty, LLC
Is 21157, 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, 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
$435,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,333(+3.7%)
Key Takeaway
Homes in 21157 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 21157 was $435,000 in October 2024, up 3.7% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153.7K | $104.6K | -31.9% |
| 2 Bedrooms | $270K | $288.4K | +6.8% |
| 3 Bedrooms | $372.5K | $385.5K | +3.5% |
| 4 Bedrooms | $491K | $520K | +5.9% |
| 5+ Bedrooms | $722.7K | $744.9K | +3.1% |
Summary: 21157 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 21157, MD
How many homes are available in 21157, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 107 | +3.9% |
Summary: The 21157 real estate market had 107 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 47 | 47 | 0.0% |
| 4 Bedrooms | 28 | 34 | +21.4% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 21157 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 decreased by 18.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 23 | -30.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21157, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 21157 in October 2024, down by 30.3% month-over-month. Of the 23 sold homes, 17% were sold under asking, 22% were sold at asking, and 61% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 19 Days | +43.8% |
Summary: Homes in 21157 had an average of 19 days on market in Oct 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21157 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 21157; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
