$475 Closing Credit*
$40,000
2 Beds
•1 Full Bath
Adam M Shpritz, Listing Office: Ashland Auction Group LLC
Is 21205, 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, 21205 was a Seller's Market.
Key Takeaway
21205 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21205, MD
How much do homes in 21205, MD cost?
Median Sold Price
$120,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,500(-8.0%)
Key Takeaway
Homes in 21205 have sold for 8% less than they did a year ago.
Summary: The median home sold price in 21205 was $120,000 in November 2024, down 8% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54K | $80K | +48.1% |
| 2 Bedrooms | $132.4K | $105K | -20.7% |
| 3 Bedrooms | $119.5K | $117.5K | -1.7% |
| 4 Bedrooms | $187.5K | $194K | +3.5% |
| 5+ Bedrooms | $170K | - | N/A |
Summary: 21205 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes decreased by 20.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes did not change.
Housing Supply in 21205, MD
How many homes are available in 21205, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 96 | -4.0% |
Summary: The 21205 real estate market had 96 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 18 | -14.3% |
| 3 Bedrooms | 61 | 60 | -1.6% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 21205 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 6 | -76.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21205, 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 21205 in November 2024, down by 76.9% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 21205, MD
How long does it take to sell a home in 21205, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 39 Days | -27.1% |
Summary: Homes in 21205 had an average of 39 days on market in Nov 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21205 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 21205; 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.
