$891 Closing Credit*
$75,000
1,704 SqFt
4 Beds
•2 Full Baths
William C Featherstone, Listing Office: Featherstone & Co.,LLC.
Is 21216, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21216 was a Seller's Market.
Key Takeaway
21216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21216, MD
How much do homes in 21216, MD cost?
Median Sold Price
$151,300
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,687(+15.0%)
Key Takeaway
Homes in 21216 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 21216 was $151,300 in November 2024, up 15% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | - | N/A |
| 2 Bedrooms | $75K | $90K | +20.0% |
| 3 Bedrooms | $90K | $110K | +22.2% |
| 4 Bedrooms | $204K | $205K | 0.5% |
| 5+ Bedrooms | $270K | $290K | +7.4% |
Summary: 21216 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 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 21216, MD
How many homes are available in 21216, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 189 | 210 | +11.1% |
Summary: The 21216 real estate market had 210 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 104 | 108 | +3.8% |
| 4 Bedrooms | 55 | 62 | +12.7% |
| 5+ Bedrooms | 14 | 26 | +85.7% |
Summary: The 21216 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 decreased by 12.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 85.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21216, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 21216 in November 2024, up by 35.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 15% were sold at asking, and 48% were sold over asking.
Days on Market for 21216, MD
How long does it take to sell a home in 21216, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 57 Days | +54.1% |
Summary: Homes in 21216 had an average of 57 days on market in Nov 2024, up by 54.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21216 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 21216; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
