$9,263 Closing Credit*
$780,000
2,090 SqFt
3 Beds
•2 Full Baths
Benjamin Alder, Listing Office: The Land Group
Is 21838, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 21838 was a Seller's Market.
Key Takeaway
21838 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21838, MD
How much do homes in 21838, MD cost?
Median Sold Price
$269,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$94,900(+54.2%)
Key Takeaway
Homes in 21838 have sold for 54.2% more than they did a year ago.
Summary: The median home sold price in 21838 was $269,900 in November 2024, up 54.2% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $100K | N/A |
| 2 Bedrooms | $90K | $240K | +166.7% |
| 3 Bedrooms | $175K | $250K | +42.9% |
| 4 Bedrooms | $320.5K | $470K | +46.6% |
| 5+ Bedrooms | - | $742.5K | N/A |
Summary: 21838 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 166.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 46.6%, and 5+ bedroom homes did not change.
Housing Supply in 21838, MD
How many homes are available in 21838, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The 21838 real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 21838 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 decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21838, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 21838 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 21838, MD
How long does it take to sell a home in 21838, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 134 Days | 27 Days | -79.9% |
Summary: Homes in 21838 had an average of 27 days on market in Nov 2024, down by 79.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21838 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 21838; 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.
