Is Phoenix, MD 21131 a buyer’s or seller’s market?

The Phoenix housing market right now

In the three months ending August 31, 2026, 27% of homes in Phoenix, MD 21131 sold above their list price, the typical home went under contract in 32 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 38 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 37%, homes sold more slowly (29 days then) and the median sale price fell 3% to $764,669. Overall, Phoenix is less competitive than a year ago, which gives buyers more room.

Within Baltimore County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Phoenix ranks #106 of 241 MD ZIP codes with enough sales (score 69 out of 100).

Nearby, buyers who want less competition could look at Upperco 21155 (0% sold over asking) or Hydes 21082 (0% sold over asking), while Catonsville 21228 (63% sold over asking) and Monkton 21111 (61% sold over asking) are even more competitive.