$3,800 Closing Credit*
$320,000
2,148 SqFt
3 Beds
•2 Full Baths, 1 Partial
Christopher Young Dillard, Listing Office: Dillard Real Estate
Is 21740, 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, 21740 has remained a Seller's Market.
Key Takeaway
21740 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21740, MD
How much do homes in 21740, MD cost?
Median Sold Price
$276,933
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,066(-2.8%)
Key Takeaway
Homes in 21740 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 21740 was $276,933 in November 2024, down 2.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $131K | -25.1% |
| 2 Bedrooms | $210K | $225K | +7.1% |
| 3 Bedrooms | $275.5K | $273K | -0.9% |
| 4 Bedrooms | $375.9K | $355.9K | -5.3% |
| 5+ Bedrooms | $439.9K | $427.7K | -2.8% |
Summary: 21740 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Zip Codes
| 21742 | $320K | $337.6K | +5.5% |
| 21740 | $285K | $276.9K | -2.8% |
Housing Supply in 21740, MD
How many homes are available in 21740, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 224 | 238 | +6.3% |
Summary: The 21740 real estate market had 238 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 46 | 50 | +8.7% |
| 3 Bedrooms | 103 | 114 | +10.7% |
| 4 Bedrooms | 60 | 57 | -5.0% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 21740 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 46 | -20.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21740, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 21740 in November 2024, down by 20.7% month-over-month. Of the 46 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% were sold over asking.
Days on Market for 21740, MD
How long does it take to sell a home in 21740, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +31.5% |
Summary: Homes in 21740 had an average of 29 days on market in Nov 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21740 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 46 homes were sold in 21740; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
