$1,182 Closing Credit*
$99,500
1,308 SqFt
3 Beds
•1 Full Bath
Bryan Coates, 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
Since last month, 21863 has remained a Seller's 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
$344,500
$172/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$87,000(+33.8%)
Key Takeaway
Homes in 21863 have sold for 33.8% more than they did a month ago.
Summary: The median home sold price in 21863 was $344,500 in November 2024, up 33.8% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | - | N/A |
| 3 Bedrooms | - | $231K | N/A |
| 4 Bedrooms | $345K | $394K | +14.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 21863 housing prices by bedroom type for November 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 increased by 14.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The 21863 real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 21863 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 66.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 21863, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 21863 in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 Days | 35 Days | -60.8% |
Summary: Homes in 21863 had an average of 35 days on market in Nov 2024, down by 60.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 21863 has remained consistent over time.
Summary: During November 2024, 4 homes were sold in 21863; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
