$225,000
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 Last Month
Since last month, 21160 has remained a Seller's Market.
Key Takeaway
21160 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21160, MD
How much do homes in 21160, MD cost?
Median Sold Price
$670,000
$179/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$337,500(+101.5%)
Key Takeaway
Homes in 21160 have sold for 101.5% more than they did a month ago.
Summary: The median home sold price in 21160 was $670,000 in October 2024, up 101.5% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $277K | N/A |
| 4 Bedrooms | $332.5K | $670K | +101.5% |
| 5+ Bedrooms | - | $900K | N/A |
Summary: 21160 housing prices by bedroom type for October 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 did not change, 4 bedroom homes increased by 101.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 21034 | $182.5K | $460K | +152.1% |
| 21160 | $332.5K | $670K | +101.5% |
| 21132 | $649.9K | $673K | +3.6% |
Housing Supply in 21160, MD
How many homes are available in 21160, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The 21160 real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 21160 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 66.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21160, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 21160 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 18 Days | -51.8% |
Summary: Homes in 21160 had an average of 18 days on market in Oct 2024, down by 51.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 3 homes were sold in 21160; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
