$275,000
0.10 Acres
Land
Laura Annette Evans, Listing Office: Wilson Realty
Is 21824, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21824 has remained a Seller's Market.
Key Takeaway
21824 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21824, MD
How much do homes in 21824, MD cost?
Median Sold Price
$76,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,500(-19.5%)
Key Takeaway
Homes in 21824 have sold for 19.5% less than they did a year ago.
Summary: The median home sold price in 21824 was $76,500 in November 2024, down 19.5% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $72.5K | +3.6% |
| 2 Bedrooms | $110K | $103.9K | -5.5% |
| 3 Bedrooms | $196K | $50K | -74.5% |
| 4 Bedrooms | $60K | $134.5K | +124.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 21824 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 74.5%, 4 bedroom homes increased by 124.2%, and 5+ bedroom homes did not change.
Housing Supply in 21824, MD
How many homes are available in 21824, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 21824 real estate market had 3 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21824 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21824, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 21824 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 21824, MD
How long does it take to sell a home in 21824, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 18 Days | -73.3% |
Summary: Homes in 21824 had an average of 18 days on market in Nov 2024, down by 73.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21824 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 21824; 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.
