Is Pasadena, MD 21122 a buyer’s or seller’s market?

The Pasadena housing market right now

In the three months ending August 31, 2026, 36% of homes in Pasadena, MD 21122 sold above their list price, the typical home went under contract in 34 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 268 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold more slowly (23 days then) and the median sale price rose 1% to $454,803. Overall, Pasadena is less competitive than a year ago, which gives buyers more room.

Within Anne Arundel County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Pasadena ranks #82 of 241 MD ZIP codes with enough sales (score 72 out of 100).

Nearby, buyers who want less competition could look at Annapolis 21405 (0% sold over asking) or Harmans 21077 (0% sold over asking), while Linthicum Heights 21090 (49% sold over asking) and Severna Park 21146 (47% sold over asking) are even more competitive.