$4,394 Closing Credit*
$370,000
2,412 SqFt
5 Beds
•3 Full Baths, 1 Partial
Daniel McGhee, Listing Office: Homeowners Real Estate
Is 21237, 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, 21237 has remained a Seller's Market.
Key Takeaway
21237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21237, MD
How much do homes in 21237, MD cost?
Median Sold Price
$305,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,500(+1.5%)
Key Takeaway
Homes in 21237 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 21237 was $305,500 in November 2024, up 1.5% 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 | $230K | $173K | -24.8% |
| 2 Bedrooms | $255K | $249K | -2.4% |
| 3 Bedrooms | $285K | $305K | +7.0% |
| 4 Bedrooms | $345K | $343.5K | -0.4% |
| 5+ Bedrooms | $385K | $430K | +11.7% |
Summary: 21237 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in 21237, MD
How many homes are available in 21237, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 95 | +13.1% |
Summary: The 21237 real estate market had 95 homes for sale in November 2024, a 13.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 41 | 48 | +17.1% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 21237 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 33.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 29 | +61.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21237, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 21237 in November 2024, up by 61.1% month-over-month. Of the 29 sold homes, 21% were sold under asking, 38% were sold at asking, and 41% were sold over asking.
Days on Market for 21237, MD
How long does it take to sell a home in 21237, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 30 Days | +73.9% |
Summary: Homes in 21237 had an average of 30 days on market in Nov 2024, up by 73.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21237 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 21237; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
