$8,657 Closing Credit*
$729,000
2,024 SqFt
3 Beds
•2 Full Baths, 1 Partial
Bissett M Schwanke, Listing Office: Cummings & Co Realtors
Is 21212, 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, 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
$373,483
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,483(+3.7%)
Key Takeaway
Homes in 21212 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 21212 was $373,483 in October 2024, up 3.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $170.2K | +15.4% |
| 2 Bedrooms | $157.5K | $185K | +17.5% |
| 3 Bedrooms | $328.5K | $358.3K | +9.1% |
| 4 Bedrooms | $485K | $450K | -7.2% |
| 5+ Bedrooms | $643K | $708K | +10.1% |
Summary: 21212 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in 21212, MD
How many homes are available in 21212, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 123 | +21.8% |
Summary: The 21212 real estate market had 123 homes for sale in October 2024, a 21.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 49 | 62 | +26.5% |
| 4 Bedrooms | 27 | 32 | +18.5% |
| 5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The 21212 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 decreased by 11.1%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21212, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 21212 in October 2024, down by 13.8% month-over-month. Of the 25 sold homes, 12% were sold under asking, 32% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +22.8% |
Summary: Homes in 21212 had an average of 16 days on market in Oct 2024, up by 22.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 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 October 2024, 25 homes were sold in 21212; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
