$450,000
41.22 Acres
Land
Susie R Miller, Listing Office: Keller Williams Premier Realty
Is 21782, 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, 21782 has remained a Seller's Market.
Key Takeaway
21782 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21782, MD
How much do homes in 21782, MD cost?
Median Sold Price
$380,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$87,250(+29.8%)
Key Takeaway
Homes in 21782 have sold for 29.8% more than they did a year ago.
Summary: The median home sold price in 21782 was $380,000 in October 2024, up 29.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | $101.8K | -67.4% |
| 2 Bedrooms | $155K | $336K | +116.8% |
| 3 Bedrooms | $292.7K | $345.5K | +18.0% |
| 4 Bedrooms | $420K | $525K | +25.0% |
| 5+ Bedrooms | - | $607.5K | N/A |
Summary: 21782 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.4%, 2 bedroom homes increased by 116.8%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.
Housing Supply in 21782, MD
How many homes are available in 21782, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The 21782 real estate market had 16 homes for sale in October 2024, a 33.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 21782 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21782, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 21782 in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 21782, MD
How long does it take to sell a home in 21782, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 53 Days | +26.3% |
Summary: Homes in 21782 had an average of 53 days on market in Oct 2024, up by 26.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21782 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 21782; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
