$3,420 Closing Credit*
$288,000
1,492 SqFt
3 Beds
•2 Full Baths
Henry S Hale, Listing Office: Benson & Mangold, LLC
Is 21654, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$90,000(-10.0%)
Key Takeaway
Homes in 21654 have sold for 10% less than they did a year ago.
Summary: The median home sold price in 21654 was $810,000 in October 2024, down 10% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $545K | N/A |
| 2 Bedrooms | $542.5K | $460K | -15.2% |
| 3 Bedrooms | $680K | $749.5K | +10.2% |
| 4 Bedrooms | $1.0M | $1.0M | +5.0% |
| 5+ Bedrooms | $2.5M | $2.4M | -1.0% |
Summary: 21654 housing prices by bedroom type for October 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 increased by 10.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 21654, MD
How many homes are available in 21654, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The 21654 real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 21654 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 increased by 60%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21654, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 21654 in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 205 Days | 91 Days | -55.3% |
Summary: Homes in 21654 had an average of 91 days on market in Oct 2024, down by 55.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 21654 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in 21654; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
