$350,000
10.00 Acres
Land
Donna R Spare, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is 21160, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21160 was a Seller's Market.
Key Takeaway
21160 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 21160, MD
How much do homes in 21160, MD cost?
Median Sold Price
$435,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+19.2%)
Key Takeaway
Homes in 21160 have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in 21160 was $435,000 in November 2024, up 19.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $70K | -17.6% |
| 2 Bedrooms | $360K | - | N/A |
| 3 Bedrooms | $359K | $435K | +21.2% |
| 4 Bedrooms | $376K | $366K | -2.7% |
| 5+ Bedrooms | - | $863K | N/A |
Summary: 21160 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 21034 | $369K | $460K | +24.7% |
| 17314 | $246.1K | $300K | +21.9% |
| 21160 | $365K | $435K | +19.2% |
Housing Supply in 21160, MD
How many homes are available in 21160, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The 21160 real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 21160 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21160, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 21160 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 21160, MD
How long does it take to sell a home in 21160, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 2 Days | -95.1% |
Summary: Homes in 21160 had an average of 2 days on market in Nov 2024, down by 95.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21160 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 21160; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
