$7,244 Closing Credit*
$610,000
1,846 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jennifer M Lalla, Listing Office: Next Step Realty
Is 21212, 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, 21212 has remained a Seller's Market.
Key Takeaway
21212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21212, MD
How much do homes in 21212, MD cost?
Median Sold Price
$379,166
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,166(+5.3%)
Key Takeaway
Homes in 21212 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 21212 was $379,166 in November 2024, up 5.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $168.4K | +14.2% |
| 2 Bedrooms | $155K | $185K | +19.4% |
| 3 Bedrooms | $336.7K | $360K | +6.9% |
| 4 Bedrooms | $470K | $460K | -2.1% |
| 5+ Bedrooms | $616K | $691K | +12.2% |
Summary: 21212 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in 21212, MD
How many homes are available in 21212, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 128 | +12.3% |
Summary: The 21212 real estate market had 128 homes for sale in November 2024, a 12.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 57 | 65 | +14.0% |
| 4 Bedrooms | 28 | 35 | +25.0% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The 21212 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21212, you could pay more than the asking price. 44.1% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 21212 in November 2024, up by 25.9% month-over-month. Of the 34 sold homes, 18% were sold under asking, 38% were sold at asking, and 44% were sold over asking.
Days on Market for 21212, MD
How long does it take to sell a home in 21212, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 18 Days | -26.1% |
Summary: Homes in 21212 had an average of 18 days on market in Nov 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21212 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 21212; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
