$3,396 Closing Credit*
$286,000
3,234 SqFt
3 Beds
•2 Full Baths
Irene C Parks, Listing Office: Coldwell Banker Realty
Is 21201, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 21201 has remained a Seller's Market.
Key Takeaway
21201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21201, MD
How much do homes in 21201, MD cost?
Median Sold Price
$285,105
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,105(+14.0%)
Key Takeaway
Homes in 21201 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 21201 was $285,105 in October 2024, up 14% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $164K | -31.7% |
| 2 Bedrooms | $249K | $311.5K | +25.1% |
| 3 Bedrooms | $288.4K | $283.2K | -1.8% |
| 4 Bedrooms | $320.5K | $470K | +46.6% |
| 5+ Bedrooms | - | $646K | N/A |
Summary: 21201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.7%, 2 bedroom homes increased by 25.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 46.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Summary: The 21201 real estate market had 42 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 21201 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 17.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21201, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 21201 in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 46 Days | +130.6% |
Summary: Homes in 21201 had an average of 46 days on market in Oct 2024, up by 130.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 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 October 2024, 9 homes were sold in 21201; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
