$8,253 Closing Credit*
$695,000
3,524 SqFt
4 Beds
•2 Full Baths, 1 Partial
Laura H Carney, Listing Office: TTR Sotheby's International Realty
Is 21625, 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, 21625 has remained a Seller's Market.
Key Takeaway
21625 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21625, MD
How much do homes in 21625, MD cost?
Median Sold Price
$350,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,000(-2.0%)
Key Takeaway
Homes in 21625 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 21625 was $350,000 in October 2024, down 2% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121K | $170K | +40.5% |
| 3 Bedrooms | $349.5K | $347.5K | -0.6% |
| 4 Bedrooms | $699K | $620K | -11.3% |
| 5+ Bedrooms | $570K | - | N/A |
Summary: 21625 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 40.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes did not change.
Housing Supply in 21625, MD
How many homes are available in 21625, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 21625 real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 21625 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21625, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21625 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 21625, MD
How long does it take to sell a home in 21625, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 57 Days | -45.8% |
Summary: Homes in 21625 had an average of 57 days on market in Oct 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21625 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 21625; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
