$1,366 Closing Credit*
$115,000
1,024 SqFt
3 Beds
•1 Full Bath, 1 Partial
Amy K Occorso, Listing Office: Real Estate Professionals, Inc.
Is 21222, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21222 has remained a Seller's Market.
Key Takeaway
21222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21222, MD
How much do homes in 21222, MD cost?
Median Sold Price
$229,760
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,480(+4.8%)
Key Takeaway
Homes in 21222 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 21222 was $229,760 in November 2024, up 4.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $170K | $193.7K | +14.0% |
| 3 Bedrooms | $218.6K | $229.9K | +5.1% |
| 4 Bedrooms | $278K | $282K | +1.4% |
| 5+ Bedrooms | $337.5K | $340K | +0.7% |
Summary: 21222 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 14%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 21222, MD
How many homes are available in 21222, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 181 | 183 | +1.1% |
Summary: The 21222 real estate market had 183 homes for sale in November 2024, a 1.1% 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 | 27 | 31 | +14.8% |
| 3 Bedrooms | 104 | 109 | +4.8% |
| 4 Bedrooms | 35 | 28 | -20.0% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 21222 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 14.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 43 | -17.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21222, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in 21222 in November 2024, down by 17.3% month-over-month. Of the 43 sold homes, 33% were sold under asking, 16% were sold at asking, and 51% were sold over asking.
Days on Market for 21222, MD
How long does it take to sell a home in 21222, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 17 Days | +6.0% |
Summary: Homes in 21222 had an average of 17 days on market in Nov 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21222 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 43 homes were sold in 21222; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
