$2,316 Closing Credit*
$195,000
1,180 SqFt
3 Beds
•1 Full Bath, 1 Partial
Serita Weathersby, Listing Office: Keller Williams Realty Centre
Is 21229, 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, 21229 was a Seller's Market.
Key Takeaway
21229 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21229, MD
How much do homes in 21229, MD cost?
Median Sold Price
$201,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,200(+2.7%)
Key Takeaway
Homes in 21229 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 21229 was $201,000 in November 2024, up 2.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.5K | $166.5K | +4.4% |
| 3 Bedrooms | $188.6K | $180.5K | -4.3% |
| 4 Bedrooms | $227.9K | $240K | +5.3% |
| 5+ Bedrooms | $300K | $330K | +10.0% |
Summary: 21229 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 4.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 10%.
Housing Supply in 21229, MD
How many homes are available in 21229, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 184 | 191 | +3.8% |
Summary: The 21229 real estate market had 191 homes for sale in November 2024, a 3.8% 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 | 18 | 22 | +22.2% |
| 3 Bedrooms | 104 | 109 | +4.8% |
| 4 Bedrooms | 49 | 48 | -2.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 21229 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 22.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 25 | -35.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21229, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 21229 in November 2024, down by 35.9% month-over-month. Of the 25 sold homes, 36% were sold under asking, 40% were sold at asking, and 24% were sold over asking.
Days on Market for 21229, MD
How long does it take to sell a home in 21229, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 32 Days | -1.7% |
Summary: Homes in 21229 had an average of 32 days on market in Nov 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21229 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 21229; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
