$298,500
2.18 Acres
Land
Eugene M Smith, Listing Office: TTR Sotheby's International Realty
Is 21654, 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, 21654 was a Neutral Market.
Key Takeaway
21654 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21654, MD
How much do homes in 21654, MD cost?
Median Sold Price
$810,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$170,000(-17.3%)
Key Takeaway
Homes in 21654 have sold for 17.3% less than they did a year ago.
Summary: The median home sold price in 21654 was $810,000 in November 2024, down 17.3% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $545K | N/A |
| 2 Bedrooms | $542.5K | $460K | -15.2% |
| 3 Bedrooms | $1.0M | $724.5K | -28.6% |
| 4 Bedrooms | $1.0M | $1.0M | +7.5% |
| 5+ Bedrooms | $3.5M | $2.4M | -29.8% |
Summary: 21654 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 decreased by 15.2%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 29.8%.
Housing Supply in 21654, MD
How many homes are available in 21654, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The 21654 real estate market had 17 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 21654 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21654, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 21654 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 21654, MD
How long does it take to sell a home in 21654, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 15 Days | +158.3% |
Summary: Homes in 21654 had an average of 15 days on market in Nov 2024, up by 158.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21654 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 21654; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
