$1,841 Closing Credit*
$155,000
760 SqFt
1 Bed
•1 Full Bath
Kimberly A Lally, Listing Office: EXP Realty, LLC
Is 21201, 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, 21201 was a Seller's Market.
Key Takeaway
21201 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 21201, MD
How much do homes in 21201, MD cost?
Median Sold Price
$287,250
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,250(+14.9%)
Key Takeaway
Homes in 21201 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 21201 was $287,250 in November 2024, up 14.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $167K | -30.4% |
| 2 Bedrooms | $250K | $308K | +23.2% |
| 3 Bedrooms | $283.2K | $287.5K | +1.5% |
| 4 Bedrooms | $332.5K | $470K | +41.4% |
| 5+ Bedrooms | - | $646K | N/A |
Summary: 21201 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes increased by 23.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes did not change.
Housing Supply in 21201, MD
How many homes are available in 21201, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The 21201 real estate market had 41 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 6 | -33.3% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 21201 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21201, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 21201 in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 21201, MD
How long does it take to sell a home in 21201, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 52 Days | +174.7% |
Summary: Homes in 21201 had an average of 52 days on market in Nov 2024, up by 174.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21201 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 21201; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
