$4,714 Closing Credit*
$397,000
1,846 SqFt
3 Beds
•2 Full Baths, 1 Partial
Andrew Laudet
Is 21758, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21758 was a Neutral Market.
Key Takeaway
21758 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21758, MD
How much do homes in 21758, MD cost?
Median Sold Price
$485,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,000(+27.6%)
Key Takeaway
Homes in 21758 have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in 21758 was $485,000 in October 2024, up 27.6% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $320K | +47.1% |
| 3 Bedrooms | $368K | $391K | +6.3% |
| 4 Bedrooms | $515K | $602.4K | +17.0% |
| 5+ Bedrooms | $660K | $681K | +3.2% |
Summary: 21758 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Zip Codes
| 21758 | $380K | $485K | +27.6% |
| 21716 | $377.5K | $396K | +4.9% |
| 21755 | $585K | $584.9K | 0% |
Housing Supply in 21758, MD
How many homes are available in 21758, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Summary: The 21758 real estate market had 18 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 21758 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 remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21758, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21758 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 16 Days | -41.8% |
Summary: Homes in 21758 had an average of 16 days on market in Oct 2024, down by 41.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21758 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 21758; 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.
