Sales rose to one home sold over the last 30 days in the 21874 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to zero for the same period. While new seller numbers were weak, the median sales price of homes sold came in at $30,000, which extended a downward swing in price to four weeks. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 21874 zip code is still a solid buyer's market.
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The population of the 21874 zip code is much less affluent than average compared to others in Maryland with a median income of $46,108 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 101.2. Homes in the 21874 zip code are relatively old with a median age of 27 years.
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The 21874 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 21874 zip code usually averages 1.3 sales per month.
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Yet again, no deals were completed in the 21874 zip code market over the last 30 days. The 21874 zip code is used to having 1.4 sales per month.
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The 21874 zip code market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. The 21874 zip code usually averages 1.5 sales per month.
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Typically, 21874 zip code accounts for 1.6 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks.
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With 2,242 residents, 21874 is a smaller-than-average zip code in Maryland. Also, with a 3.6% increase over the last 10 years, its population is growing faster than other parts of the state. The 21874 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
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$267K  
The 21874 zip code market is currently in the middle of a pronounced upward sales trend, even as sales remained flat at one home sold over the last 30 days. The median sales price in the 21874 zip code stayed put this week at $100,000. With no movement in sales and the availability of eight months of inventory, the 21874 zip code is a solid buyer's market.
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$267K  
With one home sold in the 21874 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 four new listings for buyers to choose from. The median sales price in the 21874 zip code stayed put this week at $100,000. Along with flat sales, a relatively high nine months of inventory indicates that the 21874 zip code is a solid buyer's market.
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$267K  
The number of homes coming into the 21874 zip code market stayed firm with four listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in the 21874 zip code did not budge this week, remaining at $100,000. Along with flat sales, a relatively high 10 months of inventory indicates that the 21874 zip code is a solid buyer's market.
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