Is 21830, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21830 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 21830 has remained a Neutral Market.

Key Takeaway

21830 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 21830, MD

How much do homes in 21830, MD cost?

Median Sold Price

$287,450

$174/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$8,500(-2.9%)

Key Takeaway

Homes in 21830 have sold for 2.9% less than they did a month ago.

Summary: The median home sold price in 21830 was $287,450 in October 2024, down 2.9% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $295.9K$279.9K
-5.4%
4 -$295K
N/A
5+ --
N/A

Summary: 21830 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 decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

21830
-2.9%
21837
-41.1%

Housing Supply in 21830, MD

How many homes are available in 21830, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The 21830 real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The 21830 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 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21830, 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 21830 in October 2024, the same as the previous 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 21830, MD

How long does it take to sell a home in 21830, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
37 Days9 Days-74.7%

Summary: Homes in 21830 had an average of 9 days on market in Oct 2024, down by 74.7% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21830 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 21830; 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.

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 21830, MD

Nearby Markets to 21830, MD