Is 21821, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21821 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 21821 has remained a Neutral Market.

Key Takeaway

21821 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 21821, MD

How much do homes in 21821, MD cost?

Median Sold Price

$340,000

$221/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$245,000(+257.9%)

Key Takeaway

Homes in 21821 have sold for 257.9% more than they did a month ago.

Summary: The median home sold price in 21821 was $340,000 in October 2024, up 257.9% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $95K-
N/A
3 $325K$340K
+4.6%
4 --
N/A
5+ --
N/A

Summary: 21821 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 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 21821, MD

How many homes are available in 21821, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2119-9.5%

Summary: The 21821 real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1614
-12.5%
4 12
+100.0%
5+ 11
0.0%

Summary: The 21821 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 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21821, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 21821 in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 21821, MD

How long does it take to sell a home in 21821, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
19 Days49 Days+157.9%

Summary: Homes in 21821 had an average of 49 days on market in Oct 2024, up by 157.9% 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 21821 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 21821; 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 4 Days Ago

Newest Listings in 21821, MD

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