$5,047 Closing Credit*
$425,000
4,156 SqFt
4 Beds
•3 Full Baths
Jay P Cinquegrani, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is 21776, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 21776 has remained a Seller's Market.
Key Takeaway
21776 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21776, MD
How much do homes in 21776, MD cost?
Median Sold Price
$437,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.6%)
Key Takeaway
Homes in 21776 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 21776 was $437,500 in October 2024, down 0.6% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $545K | N/A |
| 2 Bedrooms | $249K | $398K | +59.8% |
| 3 Bedrooms | $425K | $422.5K | -0.6% |
| 4 Bedrooms | $464.9K | $470K | +1.1% |
| 5+ Bedrooms | $650K | $620K | -4.6% |
Summary: 21776 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 59.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in 21776, MD
How many homes are available in 21776, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The 21776 real estate market had 26 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 21776 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21776, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 21776 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 21776, MD
How long does it take to sell a home in 21776, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 16 Days | +61.4% |
Summary: Homes in 21776 had an average of 16 days on market in Oct 2024, up by 61.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21776 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 21776; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
