$10,000 Closing Credit*
$925,000
3,210 SqFt
4 Beds
•2 Full Baths, 2 Partial
AMELIA E SMITH, Listing Office: Redfin Corp
Is 21737, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 21737 has remained a Seller's Market.
Key Takeaway
21737 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21737, MD
How much do homes in 21737, MD cost?
Median Sold Price
$1,080,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$87,500(-7.5%)
Key Takeaway
Homes in 21737 have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in 21737 was $1,080,000 in October 2024, down 7.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $745.5K | $620K | -16.8% |
| 4 Bedrooms | $1.1M | $962.5K | -12.9% |
| 5+ Bedrooms | $1.3M | $1.2M | -5.9% |
Summary: 21737 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 did not change, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Zip Codes
| 20833 | $679.9K | $827.5K | +21.7% |
| 21737 | $1.1M | $1.0M | -7.5% |
Housing Supply in 21737, MD
How many homes are available in 21737, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 21737 real estate market had 9 homes for sale in October 2024, the same as 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 | 0 | 1 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 21737 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21737, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 21737 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 21737, MD
How long does it take to sell a home in 21737, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 37 Days | +563.5% |
Summary: Homes in 21737 had an average of 37 days on market in Oct 2024, up by 563.5% 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 21737 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 21737; 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.
