$1,176 Closing Credit*
$99,000
1,196 SqFt
3 Beds
•2 Full Baths
Chelsea Boor, Listing Office: The Goodfellow Agency
Is 21532, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 21532 was a Seller's Market.
Key Takeaway
21532 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21532, MD
How much do homes in 21532, MD cost?
Median Sold Price
$164,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$24,000(+17.1%)
Key Takeaway
Homes in 21532 have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in 21532 was $164,000 in December 2024, up 17.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $75.1K | +25.2% |
| 2 Bedrooms | $135.9K | $116K | -14.7% |
| 3 Bedrooms | $144K | $192.5K | +33.7% |
| 4 Bedrooms | $135.4K | $133.7K | -1.3% |
| 5+ Bedrooms | $159.6K | $405K | +153.8% |
Summary: 21532 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 33.7%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 153.8%.
Housing Supply in 21532, MD
How many homes are available in 21532, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 37 | +32.1% |
Summary: The 21532 real estate market had 37 homes for sale in December 2024, a 32.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 21532 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21532, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 21532 in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 21532, MD
How long does it take to sell a home in 21532, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 50 Days | +246.2% |
Summary: Homes in 21532 had an average of 50 days on market in Dec 2024, up by 246.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21532 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 21532; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
