$6,234 Closing Credit*
$525,000
2,409 SqFt
3 Beds
•2 Full Baths, 2 Partial
John J Collins, Listing Office: Long & Foster Real Estate, Inc.
Is 21409, 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, 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
$580,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$54,125(+10.3%)
Key Takeaway
Homes in 21409 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 21409 was $580,000 in October 2024, up 10.3% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $447.9K | N/A |
| 2 Bedrooms | $403K | $470.3K | +16.7% |
| 3 Bedrooms | $460K | $495K | +7.6% |
| 4 Bedrooms | $617.5K | $620K | 0.4% |
| 5+ Bedrooms | $1.1M | $1.0M | -8.8% |
Summary: 21409 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Zip Codes
| 21409 | $525.8K | $580K | +10.3% |
| 21012 | $554K | $568K | +2.5% |
Housing Supply in 21409, MD
How many homes are available in 21409, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 64 | -13.5% |
Summary: The 21409 real estate market had 64 homes for sale in October 2024, a 13.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 30 | 22 | -26.7% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 21409 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 22.2%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 17 | -32.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21409, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 21409 in October 2024, down by 32.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 29 Days | +166.8% |
Summary: Homes in 21409 had an average of 29 days on market in Oct 2024, up by 166.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21409 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 21409; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
