$2,136 Closing Credit*
$179,900
1,628 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kathleen A Miller, Listing Office: Carter & Roque Real Estate
Is 21532, 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, 21532 has remained a Seller's Market.
Key Takeaway
21532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21532, MD
How much do homes in 21532, MD cost?
Median Sold Price
$164,500
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,550(+20.1%)
Key Takeaway
Homes in 21532 have sold for 20.1% more than they did a year ago.
Summary: The median home sold price in 21532 was $164,500 in October 2024, up 20.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $75.1K | +25.2% |
| 2 Bedrooms | $133.9K | $116K | -13.4% |
| 3 Bedrooms | $140K | $174.9K | +25.0% |
| 4 Bedrooms | $124K | $161.9K | +30.6% |
| 5+ Bedrooms | $159.6K | $405K | +153.8% |
Summary: 21532 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 153.8%.
Median Sold Price Compared To Nearby Zip Codes
| 21532 | $136.9K | $164.5K | +20.1% |
| 21545 | $527K | $115K | -78.2% |
Housing Supply in 21532, MD
How many homes are available in 21532, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 36 | +20.0% |
Summary: The 21532 real estate market had 36 homes for sale in October 2024, a 20.0% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 20 | +53.8% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 21532 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 decreased by 33.3%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21532, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 21532 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 37 Days | +101.5% |
Summary: Homes in 21532 had an average of 37 days on market in Oct 2024, up by 101.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 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 October 2024, 9 homes were sold in 21532; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
