Threshold US · Maryland land

New-build home prices in 21240

Anne Arundel County, MD · 154 recorded sales 2021-2026 · MD SDAT

Recorded home sales in ZIP 21240 (Anne Arundel County) run a median of $296 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $232 and $359/sq ft.

$296
median $/sq ft (2021-2026)
$360,000
median sale price
1,186
median home size (sq ft)
154
qualified sales analyzed

What new homes sell for in 21240

At the local median of $296/sq ft, a new home would price roughly:

1,500 sq ft$444,000
2,000 sq ft$592,000
2,500 sq ft$740,000
3,000 sq ft$888,000

A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.

By home type

Home typeSalesMedian $/sq ftMedian sizeMedian price
Single-family147$3011,152 sf$370,000
Condominium7$1891,320 sf$250,000

Recent sales in 21240

TypeSq ftSale price$/sq ftYr builtSold
Single-family1,284$495,000$38619923/2026
Single-family1,456$458,000$31519303/2026
Single-family1,284$420,000$32719713/2026
Single-family908$415,000$45720042/2026
Single-family960$385,000$40119713/2026
Single-family1,040$250,000$24019632/2026
Single-family1,040$230,000$22119642/2026
Single-family3,816$800,000$21020129/2025
Single-family1,600$525,000$32819884/2025
Single-family2,092$500,000$239195210/2025
Single-family1,508$485,000$32219569/2025
Single-family1,924$481,000$25019258/2025
Single-family1,152$457,500$39719153/2025
Single-family1,754$452,000$25819873/2025
Single-family1,804$450,000$24919847/2025

Appraising a site in 21240?

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Questions about 21240 home prices

What is the price per square foot in 21240?
Recent recorded home sales in ZIP 21240 (Anne Arundel County, MD) run a median of $296 per square foot, with the middle half between $232 and $359, from 154 qualified sales in 2021-2026.
What does a home sell for in 21240?
The typical recorded sale in 21240 is a 1,186 sq ft home at $360,000. A new 1,186 sq ft home at the local $296/sq ft would price around $351,056.
Where does this 21240 data come from?
Maryland Department of Planning parcel data derived from the State Department of Assessments and Taxation (SDAT) property records. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.

All of Anne Arundel County →
Nearby ZIPs: 21077 · 21061 · 21090 · 21076 · 21144 · 21227 · 21225 · 21075
Maryland land hub

Method: improved arms-length residential sales with recorded structure square footage (2021+) from Maryland Department of Planning parcel data derived from the State Department of Assessments and Taxation (SDAT) property records, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.