$350,000
18.15 Acres
Land
Coard A Benson, Listing Office: Benson & Mangold, LLC
Is 21658, 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, 21658 was a Neutral Market.
Key Takeaway
21658 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21658, MD
How much do homes in 21658, MD cost?
Median Sold Price
$550,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$201,000(-26.8%)
Key Takeaway
Homes in 21658 have sold for 26.8% less than they did a year ago.
Summary: The median home sold price in 21658 was $550,000 in October 2024, down 26.8% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $735K | $350.5K | -52.3% |
| 3 Bedrooms | $500K | $465K | -7.0% |
| 4 Bedrooms | $835K | $675K | -19.2% |
| 5+ Bedrooms | $790K | $1.9M | +145.3% |
Summary: 21658 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 52.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 145.3%.
Housing Supply in 21658, MD
How many homes are available in 21658, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Summary: The 21658 real estate market had 20 homes for sale in October 2024, a 53.8% 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 | 7 | +40.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 21658 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 40%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21658, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 21658 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 21658, MD
How long does it take to sell a home in 21658, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 84 Days | +10.1% |
Summary: Homes in 21658 had an average of 84 days on market in Oct 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21658 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 21658; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
