$419K  
In this week's report, the number of homes sold in the 21502 zip code market dropped to 51 over the past 30 days, a decrease of 5.6% from last week's report, but still above the monthly average. Meanwhile, the 26726 zip code reported 18 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $95,700 over the latest reporting period for the 21502 zip code, up from $90,000. The 21502 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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$895K  
On top of a 6.0% spike in sales over the last 30 days, the 21502 zip code market extended a six-week hot streak with a total of 53 homes sold in that span. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $95,000. Despite the rising sales trend and the rising prices, with seven months of inventory to work through, the 21502 zip code is still a solid buyer's market.
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The population of the 21502 zip code is much less affluent than average compared to others in Maryland with a median income of $39,601 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 90.8. The 21502 zip code is made up of homes that are considered older than most with a median of 60 years. Topping the list of best schools in the zip code is Bel Air Elementary School.
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$649K  
The 21502 zip code market will be heating up, as not only have sales shot up this week to 46 homes sold over the last 30 days, but there is an extended upward trend of new listings, with 73 going live in the same time frame. While new seller numbers were solid, months of inventory were further reduced to eight, extending a downward trend to four weeks. The 21502 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
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$895K  
The 21502 zip code market has established a recent upward trend, even as sales fell 11.4% this week to 31 homes over the last 30 days. As sales trended higher, prices went up with them, with the median sales price setting a three-month high at $87,000. Along with the slip in sales, a relatively high 11 months of inventory indicates that the 21502 zip code is a definite buyer's market.
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$139K  
The number of home sales in the 21502 zip code market rose 3.1% to 33 homes over the last 30 days. In comparison, the nearby 21532 zip code had eight sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $75,000 over the latest reporting period for the 21502 zip code, up from $62,500. The 21502 zip code is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
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$181K  
With a solid upward trend of new sellers listing homes, including 55 over the last 30 days, and sales that have inched up to 30 in that same time frame, the 21502 zip code market will be getting more crowded. The median sales price dropped to $64,300, down from last week's $66,000. The 21502 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
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$239K  
Over the last 30 days, the 21502 zip code market showed gains with 29 homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 26726 zip code registered four homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 21502 zip code, and the median sales price this period increased from $64,300 to $66,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 21502 zip code is still a definite buyer's market.
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$154K  
With 45,502 residents, 21502 is a larger than average zip code in Maryland. Also, with a 1.4% increase over the last 10 years, its population is growing slower than other parts of the state. It should be noted that at 59.9%, most people own their homes in the 21502 zip code. Topping the list of best schools in the zip code is Bel Air Elementary School.
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$895K  
The 21502 zip code market showed healthy signs in this week's report, as the number of home sales climbed 40.0%, pushing the total to 28 homes sold over the last 30 days. In comparison, the nearby 26726 zip code had four sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 21502 zip code, and this period the median price of all sales fell from $65,850 to $64,300. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 21502 zip code is still a strong buyer's market.
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