$2,850 Closing Credit*
$240,000
1,008 SqFt
3 Beds
•2 Full Baths
sandra maier, Listing Office: Engel & Volkers Annapolis
Is 21643, 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, 21643 was a Neutral Market.
Key Takeaway
21643 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21643, MD
How much do homes in 21643, MD cost?
Median Sold Price
$282,953
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,953(+16.9%)
Key Takeaway
Homes in 21643 have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in 21643 was $282,953 in November 2024, up 16.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $168K | $219.9K | +30.9% |
| 3 Bedrooms | $247K | $295K | +19.4% |
| 4 Bedrooms | $279.9K | $285K | +1.8% |
| 5+ Bedrooms | $242.5K | - | N/A |
Summary: 21643 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 30.9%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes did not change.
Housing Supply in 21643, MD
How many homes are available in 21643, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The 21643 real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 21643 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21643, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 21643 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 21643, MD
How long does it take to sell a home in 21643, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 5 Days | -94.2% |
Summary: Homes in 21643 had an average of 5 days on market in Nov 2024, down by 94.2% 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
Key Takeaway
Many homes in 21643 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 21643; 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.
