$119K  
The 21557 zip code market saw two homes go under contract and failed to break out of an established downward trend. Despite that, total home sales rose to three over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 21557 zip code, and this period the median price of all sales fell from $176,950 to $145,000.
Comments:

$379K  
21557 is a smaller-than-average zip code in Maryland with 1,994 residents. Its population is also growing slower than others at a 10-year growth rate of -1.1%. Detached homes account for 100% of the area's current housing market.
Comments:

$119K  
This week in the 21557 zip code market, sales fell to one home sold over the last 30 days, coinciding with a recent downward trend in price reductions, with one in the same time frame. The median sales price of all transactions in the 21557 zip code did not budge this week, remaining at $124,000. With decreasing sales and the availability of 14 months of inventory, the 21557 zip code is a definite buyer's market.
Comments:

$379K  
The 21557 zip code market looked solid this week and remained above its average as sales rose 50.0% to reach three homes sold over the last 30 days. At the same time, the 21502 zip code reported 25 home sales, the highest number from all the surrounding zip codes. The median sales price of homes sold came in at $124,000, which extended a price upswing to four weeks.
Comments:

$379K  
The 21557 zip code market extended a three-week hot streak this week, even as sales fell to two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in the 21557 zip code, and for this period the median sales price slid from $131,000 to $121,500. With decreasing sales and the availability of eight months of inventory, the 21557 zip code is a definite buyer's market.
Comments:

$119K  
The 21557 zip code market slowed this week but remained much stronger than normal as sales fell 20.0% to four homes sold over the last 30 days. In comparison, the nearby 21502 zip code had 29 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $131,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$379K  
The number of home sales in the 21557 zip code market spiked 66.7% to five homes over the last 30 days, above the 1.1 monthly average. At the same time, the 21502 zip code reported 35 home sales, the highest number from all the surrounding zip codes. The median sales price in the 21557 zip code stayed put this week at $120,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 21557 zip code is a seller's market.
Comments:

$379K  
21557 is a much less affluent than average zip code in Maryland with a median income of $47,094 per household. The population is also considered much younger than most with a median age of 45 years. With an ownership ratio of 77.2%, most people in the 21557 zip code are homeowners.
Comments:

$379K  
More sellers put their homes up for sale in the 21557 zip code market over the last 30 days and the number of new listings jumped this week to three. Home sales remained unchanged from the prior period and once again three homes were sold. A months of inventory number of five reported this week continued a four-week downward trend.
Comments:

$149K  
The 21557 zip code market was active in this week's report, as the number of home sales rose 200.0%, pushing the total to three homes sold over the last 30 days. Within the same time frame, the 21502 zip code had 40 sales, the most of all zip codes in the area. Prices are rising in the 21557 zip code, and the median sales price this period increased from $55,000 to $120,000.
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