Is 21213, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21213 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 21213 was a Neutral 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

$142,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,000(+18.3%)

Key Takeaway

Homes in 21213 have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in 21213 was $142,000 in November 2024, up 18.3% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $25K-
N/A
2 $110K$121K
+10.0%
3 $107.5K$135K
+25.6%
4 $201.4K$216.5K
+7.5%
5+ $162.5K$228K
+40.3%

Summary: 21213 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 10%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 40.3%.

Median Sold Price Compared To Nearby Zip Codes

21213
+18.3%
21214
+4.7%
21218
+1.2%
21205
-8.0%
21202
-11.6%

Housing Supply in 21213, MD

How many homes are available in 21213, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
244252+3.3%

Summary: The 21213 real estate market had 252 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3946
+17.9%
3 159160
+0.6%
4 3938
-2.6%
5+ 78
+14.3%

Summary: The 21213 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 17.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4430-31.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21213, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 21213 in November 2024, down by 31.8% month-over-month. Of the 30 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
40 Days34 Days-15.8%

Summary: Homes in 21213 had an average of 34 days on market in Nov 2024, down by 15.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21213 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 21213; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 21213, MD

Nearby Markets to 21213, MD