$5,344 Closing Credit*
$449,990
2,605 SqFt
3 Beds
•3 Full Baths, 1 Partial
Kristina Johnson, Listing Office: Cummings & Co. Realtors
Is 21204, 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, 21204 has remained a Seller's Market.
Key Takeaway
21204 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21204, MD
How much do homes in 21204, MD cost?
Median Sold Price
$511,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$16,500(-3.1%)
Key Takeaway
Homes in 21204 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 21204 was $511,000 in October 2024, down 3.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $125K | -13.8% |
| 2 Bedrooms | $219K | $235K | +7.3% |
| 3 Bedrooms | $460K | $430K | -6.5% |
| 4 Bedrooms | $670K | $667K | -0.4% |
| 5+ Bedrooms | $1.2M | $875K | -31.9% |
Summary: 21204 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 31.9%.
Housing Supply in 21204, MD
How many homes are available in 21204, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 53 | +26.2% |
Summary: The 21204 real estate market had 53 homes for sale in October 2024, a 26.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The 21204 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21204, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 21204 in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for 21204, MD
How long does it take to sell a home in 21204, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 38 Days | +97.5% |
Summary: Homes in 21204 had an average of 38 days on market in Oct 2024, up by 97.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21204 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 21204; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
