Is 21758, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21758 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 21758 has remained a Seller's Market.

Key Takeaway

21758 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21758, MD

How much do homes in 21758, MD cost?

Median Sold Price

$500,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$117,500(+30.7%)

Key Takeaway

Homes in 21758 have sold for 30.7% more than they did a year ago.

Summary: The median home sold price in 21758 was $500,000 in November 2024, up 30.7% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$320.5K
+39.3%
3 $375K$400.5K
+6.8%
4 $565K$585K
+3.5%
5+ $660K$681K
+3.2%

Summary: 21758 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 39.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

21758
+30.7%
21716
+5.7%
21755
+0.9%

Housing Supply in 21758, MD

How many homes are available in 21758, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1716-5.9%

Summary: The 21758 real estate market had 16 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 55
0.0%
5+ 22
0.0%

Summary: The 21758 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21758, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 21758 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 21758, MD

How long does it take to sell a home in 21758, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days27 Days+300.7%

Summary: Homes in 21758 had an average of 27 days on market in Nov 2024, up by 300.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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

Many homes in 21758 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 21758; 50% of homes were sold within 30 days, 50% 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 21758, MD

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