$4,631 Closing Credit*
$390,000
3,171 SqFt
5 Beds
•3 Full Baths, 1 Partial
Alexandra I Burrell-Hodges, Listing Office: Cottage Street Realty LLC
Is 21213, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21213 was a Seller's Market.
Key Takeaway
21213 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21213, MD
How much do homes in 21213, MD cost?
Median Sold Price
$144,975
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,429(+20.3%)
Key Takeaway
Homes in 21213 have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in 21213 was $144,975 in October 2024, up 20.3% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25K | - | N/A |
| 2 Bedrooms | $110K | $123.7K | +12.5% |
| 3 Bedrooms | $108.3K | $135K | +24.6% |
| 4 Bedrooms | $201.4K | $216.5K | +7.5% |
| 5+ Bedrooms | $207.5K | $215K | +3.6% |
Summary: 21213 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 12.5%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 21213, MD
How many homes are available in 21213, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 247 | 283 | +14.6% |
Summary: The 21213 real estate market had 283 homes for sale in October 2024, a 14.6% 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 | 40 | 41 | +2.5% |
| 3 Bedrooms | 165 | 193 | +17.0% |
| 4 Bedrooms | 36 | 42 | +16.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 21213 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 2.5%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21213, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 21213 in October 2024, up by 8.6% month-over-month. Of the 38 sold homes, 47% were sold under asking, 18% were sold at asking, and 34% were sold over asking.
Days on Market for 21213, MD
How long does it take to sell a home in 21213, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 75 Days | +52.9% |
Summary: Homes in 21213 had an average of 75 days on market in Oct 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21213 has remained consistent over time.
Summary: During October 2024, 38 homes were sold in 21213; 32% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
