$2,731 Closing Credit*
$230,000
1,253 SqFt
3 Beds
•1 Full Bath, 1 Partial
Daniel McGhee, Listing Office: Homeowners Real Estate
Is 21903, 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, 21903 was a Seller's Market.
Key Takeaway
21903 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 21903, MD
How much do homes in 21903, MD cost?
Median Sold Price
$357,500
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$46,500(+15.0%)
Key Takeaway
Homes in 21903 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 21903 was $357,500 in October 2024, up 15% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $316.5K | $357.5K | +13.0% |
| 3 Bedrooms | $261K | $312.5K | +19.7% |
| 4 Bedrooms | $380K | $430K | +13.2% |
| 5+ Bedrooms | $441.6K | $449.9K | +1.9% |
Summary: 21903 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 increased by 13%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 21903, MD
How many homes are available in 21903, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The 21903 real estate market had 19 homes for sale in October 2024, a 13.6% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 21903 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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21903, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 21903 in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 21903, MD
How long does it take to sell a home in 21903, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 13 Days | -44.2% |
Summary: Homes in 21903 had an average of 13 days on market in Oct 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
3 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 21903 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 21903; 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.
