$10,000 Closing Credit*
$849,900
5,172 SqFt
6 Beds
•7 Full Baths
Clinton Bickford, Listing Office: Keller Williams Realty Delmarva
Is 21863, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 21863 was a Neutral Market.
Key Takeaway
21863 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21863, MD
How much do homes in 21863, MD cost?
Median Sold Price
$257,500
$177/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$62,450(-19.5%)
Key Takeaway
Homes in 21863 have sold for 19.5% less than they did a month ago.
Summary: The median home sold price in 21863 was $257,500 in October 2024, down 19.5% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $170K | N/A |
| 3 Bedrooms | $319.9K | - | N/A |
| 4 Bedrooms | - | $345K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 21863 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 21863, MD
How many homes are available in 21863, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 21863 real estate market had 15 homes for sale in October 2024, a 25.0% 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 | 3 | -40.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 21863 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 decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 21863, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 21863 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 21863, MD
How long does it take to sell a home in 21863, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 89 Days | +750.0% |
Summary: Homes in 21863 had an average of 89 days on market in Oct 2024, up by 750% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21863 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 21863; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
