$1,366 Closing Credit*
$115,000
1,440 SqFt
3 Beds
•1 Full Bath, 1 Partial
Vernesa White, Listing Office: Iron Valley Real Estate Charm City
Is 21206, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21206 has remained a Seller's Market.
Key Takeaway
21206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21206, MD
How much do homes in 21206, MD cost?
Median Sold Price
$240,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+6.7%)
Key Takeaway
Homes in 21206 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 21206 was $240,000 in November 2024, up 6.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $171K | +0.6% |
| 3 Bedrooms | $210K | $215K | +2.4% |
| 4 Bedrooms | $289.9K | $285K | -1.7% |
| 5+ Bedrooms | $350K | $352.5K | +0.7% |
Summary: 21206 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 21206, MD
How many homes are available in 21206, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 171 | 195 | +14.0% |
Summary: The 21206 real estate market had 195 homes for sale in November 2024, a 14.0% increase 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 | 14 | 17 | +21.4% |
| 3 Bedrooms | 88 | 101 | +14.8% |
| 4 Bedrooms | 50 | 53 | +6.0% |
| 5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The 21206 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 increased by 21.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 48 | +50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21206, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in 21206 in November 2024, up by 50.0% month-over-month. Of the 48 sold homes, 23% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 21206, MD
How long does it take to sell a home in 21206, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 31 Days | +14.2% |
Summary: Homes in 21206 had an average of 31 days on market in Nov 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21206 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 48 homes were sold in 21206; 56% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
