$2,374 Closing Credit*
$199,900
2 Beds
•1 Full Bath, 1 Partial
William H Gray, Listing Office: New Realty, LLC
Is 21202, 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, 21202 was a Seller's Market.
Key Takeaway
21202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21202, MD
How much do homes in 21202, MD cost?
Median Sold Price
$210,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,500(-11.6%)
Key Takeaway
Homes in 21202 have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in 21202 was $210,000 in November 2024, down 11.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159K | $130K | -18.2% |
| 2 Bedrooms | $250K | $215K | -14.0% |
| 3 Bedrooms | $242K | $265K | +9.5% |
| 4 Bedrooms | $260K | $255K | -1.9% |
| 5+ Bedrooms | $300K | $432.4K | +44.1% |
Summary: 21202 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 44.1%.
Housing Supply in 21202, MD
How many homes are available in 21202, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 88 | +20.5% |
Summary: The 21202 real estate market had 88 homes for sale in November 2024, a 20.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 17 | +41.7% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 21 | 28 | +33.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 21202 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21202, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 21202 in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 21202, MD
How long does it take to sell a home in 21202, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 45 Days | +21.0% |
Summary: Homes in 21202 had an average of 45 days on market in Nov 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21202 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 21202; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
