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

$499,000

$223/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$25,500(+5.4%)

Key Takeaway

Homes in 21756 have sold for 5.4% more than they did a month ago.

Summary: The median home sold price in 21756 was $499,000 in October 2024, up 5.4% from last month, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $335K$499K
+49.0%
4 $650K$478.5K
-26.4%
5+ $473.5K-
N/A

Summary: 21756 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 49%, 4 bedroom homes decreased by 26.4%, 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

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The 21756 real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 57
+40.0%
4 74
-42.9%
5+ 10
-100.0%

Summary: The 21756 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21756, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 21756 in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% 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

Sep 2024Oct 2024CHANGE
21 Days34 Days+65.1%

Summary: Homes in 21756 had an average of 34 days on market in Oct 2024, up by 65.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 21756 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 21756; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in 21756, MD

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