Is 21539, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21539 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 21539 was a Neutral Market.

Key Takeaway

21539 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21539, MD

How much do homes in 21539, MD cost?

Median Sold Price

$35,000

$21/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$15,000(-30.0%)

Key Takeaway

Homes in 21539 have sold for 30% less than they did a month ago.

Summary: The median home sold price in 21539 was $35,000 in December 2024, down 30% from last month, and the median price per square foot was $21.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $50K-
N/A
3 -$35K
N/A
4 --
N/A
5+ --
N/A

Summary: 21539 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

21562
+45.2%
21521
+35.2%
21539
-30.0%

Housing Supply in 21539, MD

How many homes are available in 21539, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
67+16.7%

Summary: The 21539 real estate market had 7 homes for sale in December 2024, a 16.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 21539 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21539, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 21539 in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 21539, MD

How long does it take to sell a home in 21539, MD?

Average Sale Time

Nov 2024Dec 2024CHANGE
9 Days34 Days+285.2%

Summary: Homes in 21539 had an average of 34 days on market in Dec 2024, up by 285.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21539 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 21539; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 21539, MD

Nearby Markets to 21539, MD