$2,969 Closing Credit*
$250,000
2,080 SqFt
3 Beds
•1 Full Bath, 1 Partial
James B Johnson, Listing Office: Marshy Hope Realty LLC
Is 21643, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, 21643 was a Seller's 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
$277,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$43,000(+18.4%)
Key Takeaway
Homes in 21643 have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in 21643 was $277,000 in September 2024, up 18.4% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $193.9K | +17.5% |
| 3 Bedrooms | $239.5K | $277K | +15.7% |
| 4 Bedrooms | $295K | $283.9K | -3.7% |
| 5+ Bedrooms | $282K | - | N/A |
Summary: 21643 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 3.7%, 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 22 | +46.7% |
Summary: The 21643 real estate market had 22 homes for sale in September 2024, a 46.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 14 | +75.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 21643 housing inventory by bedroom type for September 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 75%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21643, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21643 in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 64 Days | 40 Days | -36.7% |
Summary: Homes in 21643 had an average of 40 days on market in Sep 2024, down by 36.7% 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 21643 are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in 21643; 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.
