Is 21756, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21756 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 21756 has remained a Seller's Market.

Key Takeaway

21756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21756, MD

How much do homes in 21756, MD cost?

Median Sold Price

$485,000

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$14,000(-2.8%)

Key Takeaway

Homes in 21756 have sold for 2.8% less than they did a month ago.

Summary: The median home sold price in 21756 was $485,000 in November 2024, down 2.8% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $499K$500.5K
0.3%
4 $478.5K$90K
-81.2%
5+ --
N/A

Summary: 21756 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 increased by 0.3%, 4 bedroom homes decreased by 81.2%, and 5+ bedroom homes did not change.

Housing Supply in 21756, MD

How many homes are available in 21756, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The 21756 real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The 21756 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 increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 21756, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 21756 in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 21756, MD

How long does it take to sell a home in 21756, MD?

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days13 Days-60.6%

Summary: Homes in 21756 had an average of 13 days on market in Nov 2024, down by 60.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21756 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 21756; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 21756, MD

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