$254K  
Typically, 21863 zip code accounts for 3.2 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$254K  
The 21863 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 21863 zip code usually averages 3.3 sales per month.
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$425K  
Typically, 21863 zip code accounts for 3.5 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
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$425K  
Over the last 30 days, the 21863 zip code market had a decrease in home sales with three. Furthermore, the amount of pending transactions continued to decline, with a total of one contract during the same period. Potential buyers should note that prices are coming down in the 21863 zip code, and for this period the median sales price slid from $198,750 to $115,000. With a downward trend in contracts numbers and 10 months of inventory still left to work through, the 21863 zip code is a definite buyer's market.
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$435K  
The 21863 zip code market might be cooling in the coming weeks. Sales stayed steady at four homes sold over the last 30 days, but there is a confirmed downward trend in the number of new listings, with three going live in the same time frame. Pricing in the 21863 zip code remains consistent from last week to this week, with the median sales price at $198,750 again. The 21863 zip code is a solid buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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$435K  
The 21863 zip code market saw sales remain flat this week with four homes sold over the last 30 days but new listings fell to three. The median sales price has been increasing as it hit $198,750, extending a four-week long spike. The 21863 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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$595K  
Sales rose in the 21863 zip code market to four homes sold over the last 30 days. But the market is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to two. The median sales price tumbled to $198,750 over the latest reporting period for the 21863 zip code, down from $308,750. The 21863 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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$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. With an ownership ratio of 62.3%, most people in the 21863 zip code are homeowners.
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$595K  
The 21863 zip code market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. At the same time, the 21811 zip code reported 44 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 21863 zip code, and for this period the median sales price slid from $335,000 to $308,750. Even after the uptick in sales, an elevated 14 months of inventory tells us that the 21863 zip code is still a definite buyer's market.
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$110K  
Home sales in the 21863 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 75.0% to one home sold over the last 30 days. In comparison, the nearby 21811 zip code had 46 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $335,000 over the latest reporting period for the 21863 zip code, up from $161,500. Along with the slip in sales, a relatively high 28 months of inventory indicates that the 21863 zip code is a definite buyer's market.
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