$3,907 Closing Credit*
$329,000
1,575 SqFt
4 Beds
•3 Full Baths
Sarbjit Singh, Listing Office: Keller Williams Gateway LLC
Is 21214, 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, 21214 has remained a Seller's Market.
Key Takeaway
21214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21214, MD
How much do homes in 21214, MD cost?
Median Sold Price
$281,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,750(+6.3%)
Key Takeaway
Homes in 21214 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 21214 was $281,750 in October 2024, up 6.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $174.1K | -10.7% |
| 3 Bedrooms | $238.5K | $260K | +9.0% |
| 4 Bedrooms | $307K | $300K | -2.3% |
| 5+ Bedrooms | $350K | $374.9K | +7.1% |
Summary: 21214 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 decreased by 10.7%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 21214, MD
How many homes are available in 21214, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 94 | +14.6% |
Summary: The 21214 real estate market had 94 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 39 | 50 | +28.2% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 21214 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 50%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 24 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21214, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 21214 in October 2024, up by 50.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 21214, MD
How long does it take to sell a home in 21214, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 33 Days | +130.6% |
Summary: Homes in 21214 had an average of 33 days on market in Oct 2024, up by 130.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21214 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 21214; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
