$3,751 Closing Credit*
$315,900
1,863 SqFt
3 Beds
•2 Full Baths, 1 Partial
C.D. Hall, Listing Office: Hall Realty
Is 21838, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 21838 was a Buyer's Market.
Key Takeaway
21838 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 21838, MD
How much do homes in 21838, MD cost?
Median Sold Price
$264,900
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,900(+60.5%)
Key Takeaway
Homes in 21838 have sold for 60.5% more than they did a year ago.
Summary: The median home sold price in 21838 was $264,900 in October 2024, up 60.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $100K | N/A |
| 2 Bedrooms | $75K | $235K | +213.3% |
| 3 Bedrooms | $169.9K | $250K | +47.1% |
| 4 Bedrooms | $320.5K | $470K | +46.6% |
| 5+ Bedrooms | - | $742.5K | N/A |
Summary: 21838 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 213.3%, 3 bedroom homes increased by 47.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The 21838 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21838 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21838, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 21838 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 544 Days | 9 Days | -98.3% |
Summary: Homes in 21838 had an average of 9 days on market in Oct 2024, down by 98.3% 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 October 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.
