$5,641 Closing Credit*
$475,000
1,550 SqFt
3 Beds
•2 Full Baths
Bret L Merson, Listing Office: Keller Williams Realty Centre
Is 21798, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21798 was a Neutral 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
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$73,750(+15.8%)
Key Takeaway
Homes in 21798 have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in 21798 was $542,000 in November 2024, up 15.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $351.2K | +46.4% |
| 3 Bedrooms | $345K | $370K | +7.2% |
| 4 Bedrooms | $622.5K | $635K | +2.0% |
| 5+ Bedrooms | $850K | $750K | -11.8% |
Summary: 21798 housing prices by bedroom type for November 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 2%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Zip Codes
| 21798 | $468.2K | $542K | +15.8% |
| 21793 | $410K | $436.5K | +6.5% |
| 21791 | $365K | $368.5K | +1.0% |
Housing Supply in 21798, MD
How many homes are available in 21798, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The 21798 real estate market had 3 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21798 housing inventory by bedroom type for November 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21798, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 21798 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 43 Days | +975.0% |
Summary: Homes in 21798 had an average of 43 days on market in Nov 2024, up by 975% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21798 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 21798; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
