$5,106 Closing Credit*
$430,000
1,564 SqFt
3 Beds
•2 Full Baths
Katie Mister, Listing Office: Keller Williams Select Realtors
Is 21638, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 21638 has remained a Seller's Market.
Key Takeaway
21638 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21638, MD
How much do homes in 21638, MD cost?
Median Sold Price
$582,500
$237/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$90,000(+18.3%)
Key Takeaway
Homes in 21638 have sold for 18.3% more than they did a month ago.
Summary: The median home sold price in 21638 was $582,500 in December 2024, up 18.3% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | $290K | +3.6% |
| 3 Bedrooms | $385K | $760K | +97.4% |
| 4 Bedrooms | $705.4K | $422.5K | -40.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 21638 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 increased by 3.6%, 3 bedroom homes increased by 97.4%, 4 bedroom homes decreased by 40.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 21638 | $492.4K | $582.5K | +18.3% |
| 21617 | $570K | $487.4K | -14.5% |
Housing Supply in 21638, MD
How many homes are available in 21638, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The 21638 real estate market had 30 homes for sale in December 2024, a 11.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 21638 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 decreased by 20%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 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 21638, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 21638 in December 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 21638, MD
How long does it take to sell a home in 21638, MD?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 53 Days | +46.1% |
Summary: Homes in 21638 had an average of 53 days on market in Dec 2024, up by 46.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21638 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in 21638; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
