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Sunday, June 29, 2025

What happened to the median home price in Lake Shore during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Lake Shore rose by $22,500 while total sales increased by 13.6%, according to BlockShopper.com.

From January through March of 2021, there were 67 homes sold, with a median sale price of $342,500 - a 7% increase over the $320,000 median sale price for the same period of the previous year. There were 59 homes sold in Lake Shore in the first quarter of 2020.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Rose Haven10-$369,900$0-
Deale312524%$349,900$300,00016.6%
Bayside Beach3250%$347,000$299,90015.7%
Rock Creek Park31200%$344,000$369,900-7%
Shady Side363020%$342,500$288,75018.6%
Lake Shore675913.6%$342,500$320,0007%
Maryland City52488.3%$340,500$325,0004.8%
Arnold907225%$340,000$360,000-5.6%
Linthicum39382.6%$336,000$288,00016.7%
Pasadena1209230.4%$328,950$305,0007.9%
Odenton1611516.6%$320,000$315,0001.6%

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