$849K  
The 21561 zip code market will be getting more competitive in the short term. Sales have fallen this week to four homes sold over the last 30 days, and there is also a determined upward trend of new listings, with eight 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. However, even as new listings came into the market, months of inventory continued to fall, trending downwards for four weeks to reach 13. Along with the slip in sales, the higher-than-normal inventory indicates that the 21561 zip code is a definite buyer's market.
Comments:

$1.5M  
21561 is a zip code in Maryland. It's less affluent than average and the cost of living is expensive compared to the rest of the state, with a median income of $54,073 per household and cost of living adjustment score of 136.5. The 21561 zip code is made up of homes that are relatively old with a median of 31 years.
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$1.8M  
The 21561 zip code market saw sales decline 12.5% this week but it is currently in the midst of a new upward sales trend, including seven homes sold over the last 30 days. The median sales price rose to $461,000 over the latest reporting period for the 21561 zip code, up from $425,000. The 21561 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$1.1M  
Over the last 30 days, the 21561 zip code market showed gains with seven homes sold. It marks a 16.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 21550 zip code had seven sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $445,000 over the latest reporting period for the 21561 zip code, up from $425,000. The 21561 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$619K  
Over the last 30 days, a determined upward trend of new sellers coming into the 21561 zip code market continued, with six listings in this week's report. Meanwhile, sales have fallen, with six homes selling during the same period. The median sales price rose to $425,000 over the latest reporting period for the 21561 zip code, up from $387,500. The 21561 zip code is a solid buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$1.1M  
The number of home sales in the 21561 zip code market spiked 60.0% to eight homes over the last 30 days, exceeding the 6.4 monthly average for the last 12 months. Within the same time frame, the 21550 zip code had 14 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 21561 zip code, with the median for this period rising from $225,000 to $387,500. Even after the uptick in sales, an elevated seven months of inventory tells us that the 21561 zip code is still a solid buyer's market.
Comments:

$1.5M  
With 2,655 residents, 21561 is a smaller-than-average zip code in Maryland. Also, with a 4.2% decrease over the last 10 years, its population is growing slower than other parts of the state. The 21561 zip code has an home ownership ratio of 38.1% and a renting ratio of 5.3%.
Comments:

$105K  
The 21561 zip code market saw sales remain flat this week with four homes sold over the last 30 days, while new listings rose to four. The median sales price in the 21561 zip code stayed put this week at $215,000. The 21561 zip code is a strong buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
Comments:

$225K  
With a recent upward trend of new sellers listing homes, including two over the last 30 days, and sales that remained the same at three in that same time frame, the 21561 zip code market will be steady. Pricing in the 21561 zip code remains consistent from last week to this week, with the median sales price at $225,000 again. The 21561 zip code is a strong buyer's market, due to a big 19 months of inventory left and aided by the flat sales.
Comments:

$105K  
A three-week downward trend in the number of homes sold was extended this week after the 21561 zip code market had three transactions over the last 30 days. With one price reduction, the lowest amount since March, the market may be finding a price bottom. When comparing other close-by zip codes within the same period, the most came from the 21550 zip code with 11 price reductions. Potential buyers should note that prices are coming down in the 21561 zip code, and for this period the median sales price slid from $440,000 to $225,000. The 21561 zip code is a definite buyer's market, due to a downward trend in sales numbers and 21 months of inventory remaining.
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