$1,425 Closing Credit*
$120,000
768 SqFt
1 Bed
•1 Full Bath
Barbara A Ayd, Listing Office: Cummings & Co. Realtors
Is 21231, 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, 21231 has remained a Seller's Market.
Key Takeaway
21231 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21231, MD
How much do homes in 21231, MD cost?
Median Sold Price
$305,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.6%)
Key Takeaway
Homes in 21231 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 21231 was $305,000 in November 2024, down 1.6% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $197.4K | -3.7% |
| 2 Bedrooms | $250K | $279K | +11.6% |
| 3 Bedrooms | $352K | $344.9K | -2.0% |
| 4 Bedrooms | $437.5K | $479.9K | +9.7% |
| 5+ Bedrooms | $692.5K | $715K | +3.2% |
Summary: 21231 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 21231, MD
How many homes are available in 21231, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 125 | +1.6% |
Summary: The 21231 real estate market had 125 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 10 | -16.7% |
| 2 Bedrooms | 44 | 50 | +13.6% |
| 3 Bedrooms | 52 | 51 | -1.9% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 21231 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21231, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 21231 in November 2024, the same as the previous month. Of the 26 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% were sold over asking.
Days on Market for 21231, MD
How long does it take to sell a home in 21231, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 37 Days | -10.2% |
Summary: Homes in 21231 had an average of 37 days on market in Nov 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21231 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 21231; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
