$150,000
7.42 Acres
Land
Mary L Mabry, Listing Office: Keller Williams Select Realtors
Is 21625, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$415,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,000(+16.2%)
Key Takeaway
Homes in 21625 have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in 21625 was $415,000 in November 2024, up 16.2% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121K | $170K | +40.5% |
| 3 Bedrooms | $330K | $347.5K | +5.3% |
| 4 Bedrooms | $821K | $620K | -24.5% |
| 5+ Bedrooms | $570K | - | N/A |
Summary: 21625 housing prices by bedroom type for November 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 increased by 5.3%, 4 bedroom homes decreased by 24.5%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 21625 real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 21625 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21625, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 21625 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 32 Days | +91.2% |
Summary: Homes in 21625 had an average of 32 days on market in Nov 2024, up by 91.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21625 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 21625; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
