$4,097 Closing Credit*
$345,000
2,000 SqFt
5 Beds
•3 Full Baths
Herschell B Claggett Jr., Listing Office: Coldwell Banker Realty
Is 21631, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21631 was a Seller's Market.
Key Takeaway
21631 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21631, MD
How much do homes in 21631, MD cost?
Median Sold Price
$266,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$21,000(-7.3%)
Key Takeaway
Homes in 21631 have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in 21631 was $266,000 in November 2024, down 7.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | $228.9K | +15.1% |
| 3 Bedrooms | $271.7K | $258K | -5.1% |
| 4 Bedrooms | $358.7K | $365K | +1.7% |
| 5+ Bedrooms | $1.5M | $400K | -75.0% |
Summary: 21631 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 15.1%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 75%.
Median Sold Price Compared To Nearby Zip Codes
| 21643 | $242K | $282.9K | +16.9% |
| 21631 | $287K | $266K | -7.3% |
Housing Supply in 21631, MD
How many homes are available in 21631, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 21631 real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21631 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 decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21631, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 21631 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 21631, MD
How long does it take to sell a home in 21631, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 51 Days | +61.1% |
Summary: Homes in 21631 had an average of 51 days on market in Nov 2024, up by 61.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21631 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 21631; 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.
