$6,530 Closing Credit*
$549,900
2,362 SqFt
3 Beds
•3 Full Baths
Tania L Ramsey, Listing Office: L. P. Calomeris Realty
Is 21798, 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, 21798 has remained a Seller's Market.
Key Takeaway
21798 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21798, MD
How much do homes in 21798, MD cost?
Median Sold Price
$542,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,000(+17.8%)
Key Takeaway
Homes in 21798 have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in 21798 was $542,000 in October 2024, up 17.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $351.2K | +46.4% |
| 3 Bedrooms | $345K | $370K | +7.2% |
| 4 Bedrooms | $586.2K | $633K | +8.0% |
| 5+ Bedrooms | $850K | $750K | -11.8% |
Summary: 21798 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 46.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Zip Codes
| 21757 | $375K | $517.5K | +38.0% |
| 21798 | $460K | $542K | +17.8% |
| 21793 | $415K | $435K | +4.8% |
| 21791 | $370K | $370K | 0.0% |
Housing Supply in 21798, MD
How many homes are available in 21798, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The 21798 real estate market had 2 homes for sale in October 2024, a 60.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21798 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 decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21798, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 21798 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 21798, MD
How long does it take to sell a home in 21798, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 139 Days | 6 Days | -95.7% |
Summary: Homes in 21798 had an average of 6 days on market in Oct 2024, down by 95.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21798 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 21798; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
