$8,313 Closing Credit*
$700,000
3,812 SqFt
3 Beds
•3 Full Baths, 1 Partial
Anthony M Friedman, Listing Office: Northrop Realty
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
$872,500
$212/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$427,500(-32.9%)
Key Takeaway
Homes in 21738 have sold for 32.9% less than they did a month ago.
Summary: The median home sold price in 21738 was $872,500 in November 2024, down 32.9% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $755K | - | N/A |
| 4 Bedrooms | $1.2M | $785K | -34.6% |
| 5+ Bedrooms | $1.6M | $1.1M | -30.0% |
Summary: 21738 housing prices by bedroom type for November 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 decreased by 34.6%, and 5+ bedroom homes decreased by 30%.
Median Sold Price Compared To Nearby Zip Codes
| 21797 | $481K | $732.5K | +52.3% |
| 21737 | $1.2M | $1.5M | +18.1% |
| 21738 | $1.3M | $872.5K | -32.9% |
Housing Supply in 21738, MD
How many homes are available in 21738, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 21738 real estate market had 11 homes for sale in November 2024, a 15.4% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 21738 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21738, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 21738 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 15 Days | -60.8% |
Summary: Homes in 21738 had an average of 15 days on market in Nov 2024, down by 60.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 6 homes were sold in 21738; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
