$2,968 Closing Credit*
$249,900
1,431 SqFt
3 Beds
•1 Full Bath, 1 Partial
Rebecca Lewis, Listing Office: Century 21 Harbor Realty
Is 21853, 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, 21853 was a Seller's Market.
Key Takeaway
21853 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21853, MD
How much do homes in 21853, MD cost?
Median Sold Price
$220,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,500(+12.0%)
Key Takeaway
Homes in 21853 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 21853 was $220,000 in October 2024, up 12% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $169.9K | $139.9K | -17.6% |
| 3 Bedrooms | $197.7K | $214.9K | +8.7% |
| 4 Bedrooms | $255K | $262.1K | +2.8% |
| 5+ Bedrooms | $253K | $252K | -0.4% |
Summary: 21853 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 17.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 21853, MD
How many homes are available in 21853, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The 21853 real estate market had 31 homes for sale in October 2024, a 6.9% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 21853 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 increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 21853, 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 21853 in October 2024, down by 50.0% 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 21853, MD
How long does it take to sell a home in 21853, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 36 Days | +44.8% |
Summary: Homes in 21853 had an average of 36 days on market in Oct 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 21853 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 21853; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
