$10,000 Closing Credit*
$1,700,000
2,681 SqFt
4 Beds
•1 Full Bath, 1 Partial
Celeste A Blessin, Listing Office: Coldwell Banker Realty
Is 21403, 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, 21403 has remained a Seller's Market.
Key Takeaway
21403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21403, MD
How much do homes in 21403, MD cost?
Median Sold Price
$576,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$34,500(-5.7%)
Key Takeaway
Homes in 21403 have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in 21403 was $576,000 in October 2024, down 5.7% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $251.2K | -10.3% |
| 2 Bedrooms | $372.5K | $410K | +10.1% |
| 3 Bedrooms | $525.8K | $503K | -4.3% |
| 4 Bedrooms | $760K | $761.5K | 0.2% |
| 5+ Bedrooms | $1.4M | $1.2M | -15.6% |
Summary: 21403 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 15.6%.
Housing Supply in 21403, MD
How many homes are available in 21403, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 120 | 140 | +16.7% |
Summary: The 21403 real estate market had 140 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 24 | 31 | +29.2% |
| 3 Bedrooms | 38 | 45 | +18.4% |
| 4 Bedrooms | 37 | 35 | -5.4% |
| 5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The 21403 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21403, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 21403 in October 2024, up by 21.4% month-over-month. Of the 34 sold homes, 32% were sold under asking, 26% were sold at asking, and 41% were sold over asking.
Days on Market for 21403, MD
How long does it take to sell a home in 21403, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 32 Days | +31.4% |
Summary: Homes in 21403 had an average of 32 days on market in Oct 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21403 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 21403; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
