$2,730 Closing Credit*
$229,900
2 Beds
•2 Full Baths
Benjamin C Daniels, Listing Office: The KW Collective
Is 21784, 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, 21784 has remained a Seller's Market.
Key Takeaway
21784 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21784, MD
How much do homes in 21784, MD cost?
Median Sold Price
$526,666
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,166(+9.8%)
Key Takeaway
Homes in 21784 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 21784 was $526,666 in October 2024, up 9.8% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $203.5K | +7.1% |
| 2 Bedrooms | $270K | $275K | +1.9% |
| 3 Bedrooms | $415K | $452K | +8.9% |
| 4 Bedrooms | $603.7K | $647.4K | +7.2% |
| 5+ Bedrooms | $755K | $690K | -8.6% |
Summary: 21784 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Zip Codes
| 21784 | $479.5K | $526.6K | +9.8% |
| 21048 | $525K | $556.5K | +6.0% |
Housing Supply in 21784, MD
How many homes are available in 21784, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 | 109 | 0.0% |
Summary: The 21784 real estate market had 109 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 16 | +60.0% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 34 | 32 | -5.9% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 21784 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 60%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 43 | +22.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21784, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in 21784 in October 2024, up by 22.9% month-over-month. Of the 43 sold homes, 35% were sold under asking, 23% were sold at asking, and 42% were sold over asking.
Days on Market for 21784, MD
How long does it take to sell a home in 21784, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 20 Days | +60.9% |
Summary: Homes in 21784 had an average of 20 days on market in Oct 2024, up by 60.9% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 21784 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in 21784; 77% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
