$10,000 Closing Credit*
$1,495,000
4,412 SqFt
4 Beds
•4 Full Baths, 1 Partial
Carla H Viviano, Listing Office: Viviano Realty
Is 21771, 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, 21771 has remained a Seller's Market.
Key Takeaway
21771 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21771, MD
How much do homes in 21771, MD cost?
Median Sold Price
$610,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+6.1%)
Key Takeaway
Homes in 21771 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 21771 was $610,000 in November 2024, up 6.1% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $380K | +2.7% |
| 3 Bedrooms | $457.5K | $475K | +3.8% |
| 4 Bedrooms | $645K | $703.8K | +9.1% |
| 5+ Bedrooms | $840K | $809.9K | -3.6% |
Summary: 21771 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 2.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 21771, MD
How many homes are available in 21771, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 74 | 0.0% |
Summary: The 21771 real estate market had 74 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 36 | 31 | -13.9% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 21771 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 decreased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21771, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 21771 in November 2024, down by 30.4% month-over-month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% were sold over asking.
Days on Market for 21771, MD
How long does it take to sell a home in 21771, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 10 Days | -21.6% |
Summary: Homes in 21771 had an average of 10 days on market in Nov 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
14 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 21771 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 21771; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
