$6,234 Closing Credit*
$525,000
1,848 SqFt
4 Beds
•3 Full Baths
Barbara A McCaffrey, Listing Office: Redfin Corp
Is 21663, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21663 has remained a Seller's Market.
Key Takeaway
21663 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21663, MD
How much do homes in 21663, MD cost?
Median Sold Price
$669,900
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$80,100(-10.7%)
Key Takeaway
Homes in 21663 have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in 21663 was $669,900 in November 2024, down 10.7% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $530K | $366.2K | -30.9% |
| 3 Bedrooms | $759K | $647K | -14.8% |
| 4 Bedrooms | $915K | $1.1M | +27.0% |
| 5+ Bedrooms | $6.7M | $2.4M | -63.6% |
Summary: 21663 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 30.9%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 63.6%.
Housing Supply in 21663, MD
How many homes are available in 21663, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The 21663 real estate market had 31 homes for sale in November 2024, a 10.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 21663 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 33.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21663, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 21663 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 21663, MD
How long does it take to sell a home in 21663, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 54 Days | -29.8% |
Summary: Homes in 21663 had an average of 54 days on market in Nov 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21663 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 21663; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
