Is 21639, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21639 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 21639 has remained a Buyer's Market.

Key Takeaway

21639 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 21639, MD

How much do homes in 21639, MD cost?

Median Sold Price

$325,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,625(+13.1%)

Key Takeaway

Homes in 21639 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 21639 was $325,000 in November 2024, up 13.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $224K$224K
0.0%
3 $304.9K$339K
+11.2%
4 $285K$322.7K
+13.2%
5+ $379K$322.5K
-14.9%

Summary: 21639 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 did not change, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 14.9%.

Median Sold Price Compared To Nearby Zip Codes

21639
+13.1%
19952
+7.3%
21629
0%
21660
-2.7%

Housing Supply in 21639, MD

How many homes are available in 21639, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The 21639 real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 10
-100.0%
3 1312
-7.7%
4 43
-25.0%
5+ 11
0.0%

Summary: The 21639 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21639, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 21639 in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 21639, MD

How long does it take to sell a home in 21639, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days2 Days-94.4%

Summary: Homes in 21639 had an average of 2 days on market in Nov 2024, down by 94.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21639 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 21639; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 21639, MD

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