Is 21813, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21813 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 21813 was a Neutral Market.

Key Takeaway

21813 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21813, MD

How much do homes in 21813, MD cost?

Median Sold Price

$399,900

$245/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$280,050(-41.2%)

Key Takeaway

Homes in 21813 have sold for 41.2% less than they did a month ago.

Summary: The median home sold price in 21813 was $399,900 in October 2024, down 41.2% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$230K
N/A
3 $309.9K$399.9K
+29.0%
4 $1.0M-
N/A
5+ -$1.1M
N/A

Summary: 21813 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 21813, MD

How many homes are available in 21813, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1316+23.1%

Summary: The 21813 real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 55
0.0%
4 23
+50.0%
5+ 46
+50.0%

Summary: The 21813 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21813, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 21813 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 21813, MD

How long does it take to sell a home in 21813, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
104 Days86 Days-17.3%

Summary: Homes in 21813 had an average of 86 days on market in Oct 2024, down by 17.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21813 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 21813; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 21813, MD

Nearby Markets to 21813, MD