Is 21645, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21645 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 21645 has remained a Seller's Market.

Key Takeaway

21645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21645, MD

How much do homes in 21645, MD cost?

Median Sold Price

$251,799

$158/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$260,700(-50.9%)

Key Takeaway

Homes in 21645 have sold for 50.9% less than they did a month ago.

Summary: The median home sold price in 21645 was $251,799 in October 2024, down 50.9% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $475K$328.5K
-30.8%
4 $550K$175K
-68.2%
5+ --
N/A

Summary: 21645 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 68.2%, and 5+ bedroom homes did not change.

Housing Supply in 21645, MD

How many homes are available in 21645, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The 21645 real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 43
-25.0%
5+ 13
+200.0%

Summary: The 21645 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 21645, 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 21645 in October 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 21645, MD

How long does it take to sell a home in 21645, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days34 Days+50.0%

Summary: Homes in 21645 had an average of 34 days on market in Oct 2024, up by 50% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21645 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 21645; 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.

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

Report Updated 21 Days Ago

Newest Listings in 21645, MD

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