$10,000 Closing Credit*
$1,199,000
6,482 SqFt
5 Beds
•4 Full Baths, 1 Partial
Alejandro Luis A Martinez, Listing Office: The Agency DC
Is 21754, 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, 21754 has remained a Seller's Market.
Key Takeaway
21754 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21754, MD
How much do homes in 21754, MD cost?
Median Sold Price
$623,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,500(+3.9%)
Key Takeaway
Homes in 21754 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 21754 was $623,500 in November 2024, up 3.9% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $467.1K | $521K | +11.6% |
| 3 Bedrooms | $466K | $555K | +19.1% |
| 4 Bedrooms | $750K | $652K | -13.1% |
| 5+ Bedrooms | $877.5K | $879.5K | 0.2% |
Summary: 21754 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 21754, MD
How many homes are available in 21754, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The 21754 real estate market had 33 homes for sale in November 2024, a 3.1% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 21754 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 increased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21754, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 21754 in November 2024, up by 266.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for 21754, MD
How long does it take to sell a home in 21754, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -10.8% |
Summary: Homes in 21754 had an average of 14 days on market in Nov 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
9 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 21754 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 21754; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
