$10,000 Closing Credit*
$1,150,000
5,478 SqFt
6 Beds
•5 Full Baths, 1 Partial
Tony Migliaccio, Listing Office: Long & Foster Real Estate, Inc.
Is 21161, 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, 21161 has remained a Seller's Market.
Key Takeaway
21161 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21161, MD
How much do homes in 21161, MD cost?
Median Sold Price
$570,000
$231/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$45,000(+8.6%)
Key Takeaway
Homes in 21161 have sold for 8.6% more than they did a month ago.
Summary: The median home sold price in 21161 was $570,000 in December 2024, up 8.6% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $430K | $504.9K | +17.4% |
| 4 Bedrooms | $565K | $965K | +70.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 21161 housing prices by bedroom type for December 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 17.4%, 4 bedroom homes increased by 70.8%, and 5+ bedroom homes did not change.
Housing Supply in 21161, MD
How many homes are available in 21161, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The 21161 real estate market had 16 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 21161 housing inventory by bedroom type for December 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 decreased by 36.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 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 21161, 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 21161 in December 2024, down 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 21161, MD
How long does it take to sell a home in 21161, MD?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 Days | 52 Days | +116.6% |
Summary: Homes in 21161 had an average of 52 days on market in Dec 2024, up by 116.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21161 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 21161; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
