Is 21921, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 21921 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 21921 has remained a Seller's Market.

Key Takeaway

21921 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 21921, MD

How much do homes in 21921, MD cost?

Median Sold Price

$341,041

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,041(+3.3%)

Key Takeaway

Homes in 21921 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 21921 was $341,041 in October 2024, up 3.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$190K
+52.0%
2 $206K$255K
+23.8%
3 $300K$300.5K
0.2%
4 $398.5K$408K
+2.4%
5+ $569K$507K
-10.9%

Summary: 21921 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Zip Codes

21915
+13.8%
21901
+11.6%
21911
+9.1%
21921
+3.3%

Housing Supply in 21921, MD

How many homes are available in 21921, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
120122+1.7%

Summary: The 21921 real estate market had 122 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 5659
+5.4%
4 3937
-5.1%
5+ 1416
+14.3%

Summary: The 21921 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 decreased by 9.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36360.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 21921, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in 21921 in October 2024, the same as the previous month. Of the 36 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.

Days on Market for 21921, MD

How long does it take to sell a home in 21921, MD?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days25 Days+3.2%

Summary: Homes in 21921 had an average of 25 days on market in Oct 2024, up by 3.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 21921 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in 21921; 67% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in 21921, MD

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