$1,940,000
116.50 Acres
Land
Dormaim E Bromwell Green, Listing Office: The Property Shoppe, LLC
Is 21869, 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, 21869 was a Seller's Market.
Key Takeaway
21869 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 21869, MD
How much do homes in 21869, MD cost?
Median Sold Price
$215,250
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,250(+34.5%)
Key Takeaway
Homes in 21869 have sold for 34.5% more than they did a year ago.
Summary: The median home sold price in 21869 was $215,250 in October 2024, up 34.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $90K | -42.9% |
| 2 Bedrooms | $157.5K | $177.7K | +12.8% |
| 3 Bedrooms | $237K | $222.5K | -6.1% |
| 4 Bedrooms | $100K | $278K | +178.0% |
| 5+ Bedrooms | $8.5M | - | N/A |
Summary: 21869 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 178%, and 5+ bedroom homes did not change.
Housing Supply in 21869, MD
How many homes are available in 21869, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The 21869 real estate market had 8 homes for sale in October 2024, a 60.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 21869 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 increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 21869, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 21869 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 21869, MD
How long does it take to sell a home in 21869, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 27 Days | -26.0% |
Summary: Homes in 21869 had an average of 27 days on market in Oct 2024, down by 26% 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 21869 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 21869; 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.
