$3,561 Closing Credit*
$299,900
1,559 SqFt
3 Beds
•2 Full Baths
Holly Campbell, Listing Office: Coldwell Banker Realty
Is 21801, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21801 was a Seller's Market.
Key Takeaway
21801 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21801, MD
How much do homes in 21801, MD cost?
Median Sold Price
$285,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-9.5%)
Key Takeaway
Homes in 21801 have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in 21801 was $285,000 in October 2024, down 9.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | - | N/A |
| 2 Bedrooms | $140K | $186K | +32.9% |
| 3 Bedrooms | $269.9K | $250K | -7.4% |
| 4 Bedrooms | $385K | $345.9K | -10.1% |
| 5+ Bedrooms | $390.7K | $456.2K | +16.8% |
Summary: 21801 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 32.9%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 16.8%.
Housing Supply in 21801, MD
How many homes are available in 21801, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 142 | +6.8% |
Summary: The 21801 real estate market had 142 homes for sale in October 2024, a 6.8% 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 | 8 | 10 | +25.0% |
| 3 Bedrooms | 72 | 79 | +9.7% |
| 4 Bedrooms | 42 | 38 | -9.5% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The 21801 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 25%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21801, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 21801 in October 2024, down by 33.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 21801, MD
How long does it take to sell a home in 21801, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +98.8% |
Summary: Homes in 21801 had an average of 47 days on market in Oct 2024, up by 98.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21801 has remained consistent over time.
Summary: During October 2024, 16 homes were sold in 21801; 13% of homes were sold within 30 days, 81% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
