$9,797 Closing Credit*
$825,000
2,281 SqFt
3 Beds
•2 Full Baths
Michael P Noonan, Listing Office: JPAR Maryland Living
Is 21409, 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, 21409 has remained a Seller's Market.
Key Takeaway
21409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21409, MD
How much do homes in 21409, MD cost?
Median Sold Price
$574,685
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,685(+8.8%)
Key Takeaway
Homes in 21409 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 21409 was $574,685 in November 2024, up 8.8% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $447.9K | N/A |
| 2 Bedrooms | $403K | $465K | +15.4% |
| 3 Bedrooms | $457K | $499K | +9.2% |
| 4 Bedrooms | $626.5K | $613.5K | -2.1% |
| 5+ Bedrooms | $1.1M | $956.7K | -18.6% |
Summary: 21409 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 15.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Zip Codes
| 21409 | $528K | $574.6K | +8.8% |
| 21012 | $552.5K | $570K | +3.2% |
Housing Supply in 21409, MD
How many homes are available in 21409, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 57 | -12.3% |
Summary: The 21409 real estate market had 57 homes for sale in November 2024, a 12.3% 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 21409 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 remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21409, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 21409 in November 2024, down by 15.0% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for 21409, MD
How long does it take to sell a home in 21409, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 25 Days | +143.2% |
Summary: Homes in 21409 had an average of 25 days on market in Nov 2024, up by 143.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21409 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 21409; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
