$4,691 Closing Credit*
$395,000
3,126 SqFt
4 Beds
•2 Full Baths, 1 Partial
Virginia W Brannock, Listing Office: Powell REALTORS
Is 21613, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21613 was a Seller's Market.
Key Takeaway
21613 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 21613, MD
How much do homes in 21613, MD cost?
Median Sold Price
$260,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$740(-0.3%)
Key Takeaway
The sold price of homes in 21613 has remained the same since last year.
Summary: The median home sold price in 21613 was $260,000 in October 2024, down 0.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $391K | - | N/A |
| 2 Bedrooms | $156.2K | $175.5K | +12.3% |
| 3 Bedrooms | $233.9K | $227.5K | -2.7% |
| 4 Bedrooms | $309.9K | $305.4K | -1.5% |
| 5+ Bedrooms | $362.5K | $365K | +0.7% |
Summary: 21613 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 12.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 21613, MD
How many homes are available in 21613, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 148 | 160 | +8.1% |
Summary: The 21613 real estate market had 160 homes for sale in October 2024, a 8.1% 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 | 33 | 36 | +9.1% |
| 3 Bedrooms | 61 | 74 | +21.3% |
| 4 Bedrooms | 36 | 32 | -11.1% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 21613 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 9.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21613, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 21613 in October 2024, up by 4.0% month-over-month. Of the 26 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% were sold over asking.
Days on Market for 21613, MD
How long does it take to sell a home in 21613, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 58 Days | -15.2% |
Summary: Homes in 21613 had an average of 58 days on market in Oct 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21613 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 21613; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
