$549,900
8.49 Acres
Land
Roger Sansom, Listing Office: ERA Martin Associates
Is 21874, 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, 21874 has remained a Seller's Market.
Key Takeaway
21874 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21874, MD
How much do homes in 21874, MD cost?
Median Sold Price
$364,950
$217/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$176,057(+93.2%)
Key Takeaway
Homes in 21874 have sold for 93.2% more than they did a month ago.
Summary: The median home sold price in 21874 was $364,950 in October 2024, up 93.2% from last month, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $390K | N/A |
| 3 Bedrooms | $188.8K | $339.9K | +79.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 21874 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 increased by 79.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 21874, MD
How many homes are available in 21874, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The 21874 real estate market had 4 homes for sale in October 2024, a 33.3% decrease 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 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 21874 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 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 21874, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 21874 in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 21874, MD
How long does it take to sell a home in 21874, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 22 Days | -73.7% |
Summary: Homes in 21874 had an average of 22 days on market in Oct 2024, down by 73.7% compared to last month.
Breakdown of Home Sale Times
2 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 21874 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 21874; 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.
