$7,588 Closing Credit*
$639,000
2,122 SqFt
2 Beds
•3 Full Baths, 1 Partial
Mary C Gatton, Listing Office: Redfin Corp
Is 21401, 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, 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
$635,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,591(+3.2%)
Key Takeaway
Homes in 21401 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 21401 was $635,000 in November 2024, up 3.2% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $367.3K | +13.0% |
| 2 Bedrooms | $430K | $425K | -1.2% |
| 3 Bedrooms | $600K | $605.7K | +1.0% |
| 4 Bedrooms | $850K | $820K | -3.5% |
| 5+ Bedrooms | $1.0M | $1.0M | +0.7% |
Summary: 21401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 21401, MD
How many homes are available in 21401, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 157 | 150 | -4.5% |
Summary: The 21401 real estate market had 150 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 48 | 53 | +10.4% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 44 | 35 | -20.5% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 21401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 41 | -16.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21401, you may be able to get a good deal. 39% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 21401 in November 2024, down by 16.3% month-over-month. Of the 41 sold homes, 39% were sold under asking, 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +33.3% |
Summary: Homes in 21401 had an average of 25 days on market in Nov 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 41 homes were sold in 21401; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
