$8,016 Closing Credit*
$675,000
2,505 SqFt
3 Beds
•3 Full Baths, 1 Partial
Sam Gupta, Listing Office: EXP Realty, LLC
Is 21163, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21163 was a Buyer's Market.
Key Takeaway
21163 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21163, MD
How much do homes in 21163, MD cost?
Median Sold Price
$655,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+4.0%)
Key Takeaway
Homes in 21163 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 21163 was $655,000 in October 2024, up 4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $372.5K | -0.7% |
| 3 Bedrooms | $605K | $650K | +7.4% |
| 4 Bedrooms | $634.5K | $712.5K | +12.3% |
| 5+ Bedrooms | $1.1M | $1.1M | +1.5% |
Summary: 21163 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 21163, MD
How many homes are available in 21163, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The 21163 real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 21163 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 decreased by 10%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21163, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 21163 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for 21163, MD
How long does it take to sell a home in 21163, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 15 Days | +204.0% |
Summary: Homes in 21163 had an average of 15 days on market in Oct 2024, up by 204% compared to last year.
Breakdown of Home Sale Times
4 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 21163 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 21163; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
