$7,718 Closing Credit*
$649,900
2,324 SqFt
5 Beds
•3 Full Baths
Lois Margaret Alberti, Listing Office: Alberti Realty, LLC
Is 21401, 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, 21401 has remained a Seller's Market.
Key Takeaway
21401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21401, MD
How much do homes in 21401, MD cost?
Median Sold Price
$631,666
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,166(+2.6%)
Key Takeaway
Homes in 21401 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 21401 was $631,666 in October 2024, up 2.6% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $383.6K | +27.9% |
| 2 Bedrooms | $435K | $423.5K | -2.6% |
| 3 Bedrooms | $600K | $600K | 0.0% |
| 4 Bedrooms | $810K | $820.5K | +1.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +9.3% |
Summary: 21401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.9%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 9.3%.
Housing Supply in 21401, MD
How many homes are available in 21401, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 166 | 175 | +5.4% |
Summary: The 21401 real estate market had 175 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 48 | 54 | +12.5% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 45 | 49 | +8.9% |
| 5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The 21401 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 47 | +4.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21401, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 21401 in October 2024, up by 4.4% month-over-month. Of the 47 sold homes, 53% were sold under asking, 15% were sold at asking, and 32% were sold over asking.
Days on Market for 21401, MD
How long does it take to sell a home in 21401, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 33 Days | +90.8% |
Summary: Homes in 21401 had an average of 33 days on market in Oct 2024, up by 90.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21401 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 47 homes were sold in 21401; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
