$4,055 Closing Credit*
$341,500
2,110 SqFt
3 Beds
•2 Full Baths
Joshua L Woods, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is 21782, 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, 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
$357,500
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,500(+13.5%)
Key Takeaway
Homes in 21782 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 21782 was $357,500 in November 2024, up 13.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $144K | -28.0% |
| 2 Bedrooms | $125K | $295.5K | +136.4% |
| 3 Bedrooms | $310K | $312.4K | +0.8% |
| 4 Bedrooms | $420K | $525K | +25.0% |
| 5+ Bedrooms | $1.1M | $555K | -49.5% |
Summary: 21782 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28%, 2 bedroom homes increased by 136.4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 49.5%.
Housing Supply in 21782, MD
How many homes are available in 21782, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The 21782 real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 21782 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21782, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 21782 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +20.3% |
Summary: Homes in 21782 had an average of 29 days on market in Nov 2024, up by 20.3% compared to last year.
Breakdown of Home Sale Times
5 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 November 2024, 6 homes were sold in 21782; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
