Is 21750, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21750 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 21750 was a Seller's Market.

Key Takeaway

21750 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 21750, MD

How much do homes in 21750, MD cost?

Median Sold Price

$367,450

$159/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$82,450(+28.9%)

Key Takeaway

Homes in 21750 have sold for 28.9% more than they did a month ago.

Summary: The median home sold price in 21750 was $367,450 in October 2024, up 28.9% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $230K$384.9K
+67.3%
4 $299K$350K
+17.1%
5+ --
N/A

Summary: 21750 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 increased by 67.3%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes did not change.

Housing Supply in 21750, MD

How many homes are available in 21750, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The 21750 real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 32
-33.3%
5+ 12
+100.0%

Summary: The 21750 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21750, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 21750 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 21750, MD

How long does it take to sell a home in 21750, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days92 Days+790.3%

Summary: Homes in 21750 had an average of 92 days on market in Oct 2024, up by 790.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21750 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 21750; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 21750, MD

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