$7,719 Closing Credit*
$650,000
2,596 SqFt
3 Beds
•2 Full Baths, 1 Partial
Reginald E Harrison, Listing Office: Redfin Corp
Is 21738, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 21738 has remained a Seller's Market.
Key Takeaway
21738 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21738, MD
How much do homes in 21738, MD cost?
Median Sold Price
$1,300,000
$256/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$550,000(+73.3%)
Key Takeaway
Homes in 21738 have sold for 73.3% more than they did a month ago.
Summary: The median home sold price in 21738 was $1,300,000 in October 2024, up 73.3% from last month, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $610K | - | N/A |
| 3 Bedrooms | - | $755K | N/A |
| 4 Bedrooms | $750K | $1.2M | +60.0% |
| 5+ Bedrooms | $901K | $1.6M | +80.4% |
Summary: 21738 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 increased by 60%, and 5+ bedroom homes increased by 80.4%.
Median Sold Price Compared To Nearby Zip Codes
| 21738 | $750K | $1.3M | +73.3% |
| 21794 | $1.1M | $1.6M | +47.3% |
Housing Supply in 21738, MD
How many homes are available in 21738, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The 21738 real estate market had 14 homes for sale in October 2024, a 55.6% increase 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 21738 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 decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21738, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 21738 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 21738, MD
How long does it take to sell a home in 21738, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 39 Days | +690.0% |
Summary: Homes in 21738 had an average of 39 days on market in Oct 2024, up by 690% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21738 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 21738; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
