$5,878 Closing Credit*
$495,000
2,240 SqFt
3 Beds
•2 Full Baths, 1 Partial
Samuel C Kim, Listing Office: Jason Mitchell Group
Is 21226, 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, 21226 has remained a Seller's Market.
Key Takeaway
21226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21226, MD
How much do homes in 21226, MD cost?
Median Sold Price
$371,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+12.8%)
Key Takeaway
Homes in 21226 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 21226 was $371,000 in October 2024, up 12.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $499.9K | N/A |
| 2 Bedrooms | $126.5K | $85K | -32.8% |
| 3 Bedrooms | $347.5K | $363.7K | +4.7% |
| 4 Bedrooms | $321.5K | $462.5K | +43.9% |
| 5+ Bedrooms | $425K | $485K | +14.1% |
Summary: 21226 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 32.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 43.9%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in 21226, MD
How many homes are available in 21226, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 47 | +27.0% |
Summary: The 21226 real estate market had 47 homes for sale in October 2024, a 27.0% 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 | 14 | 15 | +7.1% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 21226 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 7.1%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21226, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 21226 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 21226, MD
How long does it take to sell a home in 21226, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 31 Days | +15.2% |
Summary: Homes in 21226 had an average of 31 days on market in Oct 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21226 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 21226; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
