$4,155 Closing Credit*
$349,900
1,416 SqFt
3 Beds
•2 Full Baths
Pamela Price, Listing Office: RE/MAX Advantage Realty
Is 21850, 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, 21850 was a Neutral Market.
Key Takeaway
21850 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21850, MD
How much do homes in 21850, MD cost?
Median Sold Price
$294,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,300(+18.2%)
Key Takeaway
Homes in 21850 have sold for 18.2% more than they did a year ago.
Summary: The median home sold price in 21850 was $294,000 in October 2024, up 18.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $47.5K | -71.6% |
| 3 Bedrooms | $254.9K | $270K | +5.9% |
| 4 Bedrooms | $267.5K | $397.5K | +48.6% |
| 5+ Bedrooms | $345.9K | $485K | +40.2% |
Summary: 21850 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 decreased by 71.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 48.6%, and 5+ bedroom homes increased by 40.2%.
Median Sold Price Compared To Nearby Zip Codes
| 21850 | $248.7K | $294K | +18.2% |
| 21849 | $262.5K | $272.5K | +3.8% |
| 21811 | $439.9K | $432K | -1.8% |
Housing Supply in 21850, MD
How many homes are available in 21850, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The 21850 real estate market had 10 homes for sale in October 2024, a 42.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 21850 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 21850, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 21850 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 21850, MD
How long does it take to sell a home in 21850, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 12 Days | +23.3% |
Summary: Homes in 21850 had an average of 12 days on market in Oct 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
3 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 21850 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 21850; 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.
