$7,124 Closing Credit*
$599,900
3,252 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kelly A Malagari, Listing Office: RE/MAX Realty Plus
Is 21716, 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, 21716 has remained a Seller's Market.
Key Takeaway
21716 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21716, MD
How much do homes in 21716, MD cost?
Median Sold Price
$399,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+5.7%)
Key Takeaway
Homes in 21716 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 21716 was $399,000 in November 2024, up 5.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $257.5K | $231K | -10.3% |
| 3 Bedrooms | $320K | $340K | +6.3% |
| 4 Bedrooms | $447.4K | $477.5K | +6.7% |
| 5+ Bedrooms | $637.5K | $637.5K | 0.0% |
Summary: 21716 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 10.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Housing Supply in 21716, MD
How many homes are available in 21716, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The 21716 real estate market had 43 homes for sale in November 2024, a 10.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 21716 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 remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21716, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 21716 in November 2024, up by 116.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.
Days on Market for 21716, MD
How long does it take to sell a home in 21716, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 23 Days | +91.2% |
Summary: Homes in 21716 had an average of 23 days on market in Nov 2024, up by 91.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21716 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 21716; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
