$1,781 Closing Credit*
$150,000
3,288 SqFt
4 Beds
•2 Full Baths, 2 Partial
Paul R Cooper, Listing Office: Alex Cooper Auctioneers, Inc.
Is 21207, 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, 21207 has remained a Seller's Market.
Key Takeaway
21207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21207, MD
How much do homes in 21207, MD cost?
Median Sold Price
$297,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+6.3%)
Key Takeaway
Homes in 21207 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 21207 was $297,500 in October 2024, up 6.3% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $196.2K | $200K | +1.9% |
| 3 Bedrooms | $257K | $273.9K | +6.6% |
| 4 Bedrooms | $307.5K | $330K | +7.3% |
| 5+ Bedrooms | $367K | $395K | +7.6% |
Summary: 21207 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 21207, MD
How many homes are available in 21207, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 119 | 133 | +11.8% |
Summary: The 21207 real estate market had 133 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 50 | 53 | +6.0% |
| 4 Bedrooms | 40 | 45 | +12.5% |
| 5+ Bedrooms | 22 | 27 | +22.7% |
Summary: The 21207 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 increased by 14.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21207, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 21207 in October 2024, the same as the previous month. Of the 27 sold homes, 30% were sold under asking, 11% were sold at asking, and 59% were sold over asking.
Days on Market for 21207, MD
How long does it take to sell a home in 21207, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 19 Days | -26.8% |
Summary: Homes in 21207 had an average of 19 days on market in Oct 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21207 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 21207; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
