Is 21666, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21666 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 21666 was a Seller's Market.

Key Takeaway

21666 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 21666, MD

How much do homes in 21666, MD cost?

Median Sold Price

$565,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+7.6%)

Key Takeaway

Homes in 21666 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 21666 was $565,000 in November 2024, up 7.6% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $425.3K$475K
+11.7%
3 $459.7K$510K
+10.9%
4 $563.5K$575K
+2.0%
5+ $725K$700K
-3.4%

Summary: 21666 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 increased by 11.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

21666
+7.6%
21619
+5.4%

Housing Supply in 21666, MD

How many homes are available in 21666, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6976+10.1%

Summary: The 21666 real estate market had 76 homes for sale in November 2024, a 10.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2726
-3.7%
4 2934
+17.2%
5+ 1011
+10.0%

Summary: The 21666 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 66.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21666, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 21666 in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.

Days on Market for 21666, MD

How long does it take to sell a home in 21666, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days46 Days+62.2%

Summary: Homes in 21666 had an average of 46 days on market in Nov 2024, up by 62.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21666 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 21666; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 21666, MD

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