No deals were completed in the 21861 zip code market over the last 30 days. The 21861 zip code usually averages 0.8 sales per month.
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The 21861 zip code market was quiet this week as no sales were reported over the previous 30 days. The 21861 zip code usually averages 0.8 sales per month.
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No deals were completed in the 21861 zip code market over the last 30 days. The 21861 zip code usually averages 0.8 sales per month.
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The population of the 21861 zip code is growing faster than the rest of Maryland, at a 10-year growth rate of 7.1%. It's a small zip code compared to the rest of the state, with 695 residents. With a median age of 69 years, homes in the 21861 zip code tend to be older than most.
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With one home sold in the 21861 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 21861 zip code, coming in at $56,200.
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While home sales in the 21861 zip code market have been above average, in this week's report they dropped 50.0% to one home sold over the last 30 days. In comparison, the nearby 21801 zip code had 30 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $56,200, potentially helping to offset the four months of inventory left to be sold.
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$149K  
The 21861 zip code market extended a six-week hot streak this week, even as sales remained flat at two homes sold over the last 30 days. The median sales price of all transactions in the 21861 zip code did not budge this week, remaining at $63,100. With only two months of inventory to sell, the 21861 zip code is a strong seller's market, in spite of the flat sales.
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$269K  
The number of home sales in the 21861 zip code market rose 100.0% to two homes over the last 30 days, above the 0.8 monthly average. In comparison, the nearby 21801 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $63,100 over the latest reporting period for the 21861 zip code, down from $70,000. With only two months of inventory and rising sales, the 21861 zip code is a definite seller's market.
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$269K  
With a confirmed upward trend of new sellers listing homes, including two over the last 30 days, and sales that remained the same at one in that same time frame, the 21861 zip code market will be steady. As new listings came into the market, the median sales price continued to climb, trending upwards for four weeks to reach $70,000.
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$134K  
21861 is a less affluent than average zip code in Maryland with a median income of $50,171 per household. The population is also considered younger than most with a median age of 41 years. It should be noted that at 69.7%, most people own their homes in the 21861 zip code.
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