$3,205 Closing Credit*
$269,900
1,450 SqFt
2 Beds
•2 Full Baths
Steve Appel, Listing Office: Monument Sotheby's International Realty
Is 21286, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 21286 has remained a Seller's Market.
Key Takeaway
21286 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21286, MD
How much do homes in 21286, MD cost?
Median Sold Price
$382,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,500(+8.1%)
Key Takeaway
Homes in 21286 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 21286 was $382,000 in October 2024, up 8.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $169K | -15.1% |
| 2 Bedrooms | $230K | $253.2K | +10.1% |
| 3 Bedrooms | $325K | $339K | +4.3% |
| 4 Bedrooms | $577K | $570.5K | -1.1% |
| 5+ Bedrooms | $636K | $742.5K | +16.7% |
Summary: 21286 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 16.7%.
Housing Supply in 21286, MD
How many homes are available in 21286, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 66 | +10.0% |
Summary: The 21286 real estate market had 66 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 21286 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 increased by 33.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21286, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 21286 in October 2024, down by 5.3% month-over-month. Of the 18 sold homes, 39% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for 21286, MD
How long does it take to sell a home in 21286, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 33 Days | +189.6% |
Summary: Homes in 21286 had an average of 33 days on market in Oct 2024, up by 189.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21286 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 21286; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
