$2,950,000
2,784 SqFt
4 Beds
•3 Full Baths
Shawn Moore, Listing Office: Meredith Fine Properties
Is 21662, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 21662 was a Neutral Market.
Key Takeaway
21662 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21662, MD
How much do homes in 21662, MD cost?
Median Sold Price
$1,602,010
$587/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$1,377,990(-46.2%)
Key Takeaway
Homes in 21662 have sold for 46.2% less than they did a month ago.
Summary: The median home sold price in 21662 was $1,602,010 in October 2024, down 46.2% from last month, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $110K | - | N/A |
| 4 Bedrooms | $5.8M | $1.6M | -72.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 21662 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 did not change, 4 bedroom homes decreased by 72.6%, and 5+ bedroom homes did not change.
Housing Supply in 21662, MD
How many homes are available in 21662, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The 21662 real estate market had 9 homes for sale in October 2024, a 25.0% decrease 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 21662 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 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21662, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21662 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 21662, MD
How long does it take to sell a home in 21662, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 Days | 92 Days | -43.2% |
Summary: Homes in 21662 had an average of 92 days on market in Oct 2024, down by 43.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21662 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 21662; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
