Is 21236, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21236 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 21236 has remained a Seller's Market.

Key Takeaway

21236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21236, MD

How much do homes in 21236, MD cost?

Median Sold Price

$320,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,450(+9.4%)

Key Takeaway

Homes in 21236 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 21236 was $320,000 in October 2024, up 9.4% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$177.5K
+10.9%
2 $217.5K$228K
+4.8%
3 $295K$325K
+10.2%
4 $399K$411K
+3.0%
5+ $475K$543K
+14.3%

Summary: 21236 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

21236
+9.4%
21234
+8.9%
21128
+2.5%
21237
0.0%
21162
-21.6%

Housing Supply in 21236, MD

How many homes are available in 21236, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100113+13.0%

Summary: The 21236 real estate market had 113 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2018
-10.0%
3 5769
+21.1%
4 1918
-5.3%
5+ 26
+200.0%

Summary: The 21236 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 decreased by 10%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2541+64.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21236, you may be able to get a good deal. 36.6% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 21236 in October 2024, up by 64.0% month-over-month. Of the 41 sold homes, 37% were sold under asking, 29% were sold at asking, and 34% were sold over asking.

Days on Market for 21236, MD

How long does it take to sell a home in 21236, MD?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days19 Days+17.7%

Summary: Homes in 21236 had an average of 19 days on market in Oct 2024, up by 17.7% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21236 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 41 homes were sold in 21236; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 21236, MD

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