$6,546 Closing Credit*
$551,200
2,880 SqFt
4 Beds
•2 Full Baths, 1 Partial
Lindsey M Baugher, Listing Office: Cummings & Co Realtors
Is 21244, 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, 21244 has remained a Seller's Market.
Key Takeaway
21244 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21244, MD
How much do homes in 21244, MD cost?
Median Sold Price
$325,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,500(+6.7%)
Key Takeaway
Homes in 21244 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 21244 was $325,000 in November 2024, up 6.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $225.5K | +10.0% |
| 3 Bedrooms | $300K | $320K | +6.7% |
| 4 Bedrooms | $357.5K | $380K | +6.3% |
| 5+ Bedrooms | $380K | $405K | +6.6% |
Summary: 21244 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 10%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in 21244, MD
How many homes are available in 21244, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 65 | -4.4% |
Summary: The 21244 real estate market had 65 homes for sale in November 2024, a 4.4% decrease 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 | 13 | 12 | -7.7% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 21244 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 decreased by 7.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21244, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 21244 in November 2024, down by 27.3% month-over-month. Of the 16 sold homes, 0% were sold under asking, 38% were sold at asking, and 63% were sold over asking.
Days on Market for 21244, MD
How long does it take to sell a home in 21244, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 13 Days | -9.6% |
Summary: Homes in 21244 had an average of 13 days on market in Nov 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21244 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 21244; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
