$445K  
The 21863 zip code market broke below its 12-month average sales volume this week as sales fell 40.0% to hit three homes sold over the last 30 days. Within the same time frame, the 21811 zip code had 43 sales, the most of all zip codes in the area. The median sales price rose to $105,000 over the latest reporting period for the 21863 zip code, up from $96,000. The 21863 zip code is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
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$137K  
The number of homes coming into the 21863 zip code market climbed to seven listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. Prices are rising in the 21863 zip code, and the median sales price this period increased from $75,000 to $96,000.
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$449K  
Over the last 30 days, a determined upward sales trend continued in the 21863 zip code market, extended as sales rose to four this week. The median sales price climbed to $63,000 over the latest reporting period for the 21863 zip code, up from $51,000. Even with the rising sales, with seven months of inventory available, the 21863 zip code is a still strong buyer's market.
Comments:

$110K  
21863 is a much less affluent than average zip code in Maryland with a median income of $49,120 per household. The population is also considered much younger than most with a median age of 43 years. Keep in mind, most people in the 21863 zip code own their homes, with a 62.3% ownership ratio.
Comments:

$179K  
The 21863 zip code market will be getting more competitive in the short term. Sales have fallen this week to three homes sold over the last 30 days, and there is also a solid upward trend of new listings, with seven going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 21863 zip code, and this period the median price of all sales fell from $63,000 to $51,000. With decreasing sales and the availability of 10 months of inventory, the 21863 zip code is a definite buyer's market.
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$409K  
The 21863 zip code market should continue to improve in the short term, perhaps even extending a four-week upward trend. While four homes were sold over the last 30 days, the number of contracts executed rose to seven, the highest amount since May. In comparison, 21811 led all other nearby zip codes with 62 contracts executed. As contracts reached a top, months of inventory continued to fall, trending downwards for four weeks to reach eight months. Despite the rising contracts trend, the large amount of remaining inventory indicates that the 21863 zip code is still a strong buyer's market.
Comments:

$449K  
The 21863 zip code market is enjoying an unwavering upward trend, even as sales remained flat at three homes over the last 30 days. As sales trended higher, prices have been increasing. The median sales price hit $95,000, extending a four-week long spike. Along with flat sales, a relatively high nine months of inventory indicates that the 21863 zip code is a solid buyer's market.
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$299K  
Sales have fallen to three homes sold over the last 30 days in the 21863 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to eight for the same period. Pricing in the 21863 zip code remains consistent from last week to this week, with the median sales price at $116,000 again. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 21863 zip code is a definite buyer's market.
Comments:

$445K  
Over the last 30 days, the 21863 zip code market got good news with four homes sold. It marks a 33.3% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 21811 zip code registered 61 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $139,450 over the latest reporting period for the 21863 zip code, down from $168,000. The 21863 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$110K  
21863 is an average-sized zip code in Maryland with 5,053 residents. Its population is also shrinking slower than others at a 10-year growth rate of -0.2%. Detached homes account for 100% of the area's current housing market.
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