Housing Prices in Garrett Park, MD
How much do homes in Garrett Park, MD cost?
Median List Price
$1,450,000
$499/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Garrett Park has increased by 26.4% since last year.
Summary: The median home list price in Garrett Park was $1,450,000 in May 2024, up 26.4% from the previous year, and the median price per square foot was $499.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $749.9K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $947.5K | $1.2M | +26.6% |
| 5+ Bedrooms | $1.1M | $1.7M | +48.1% |
Summary: Garrett Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 48.1%.
Housing Supply in Garrett Park, MD
How many homes are available in Garrett Park, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Garrett Park real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Garrett Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Days on Market for Garrett Park, MD
How long does it take to sell a home in Garrett Park, MD?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 61 Days | 62 Days | +1.9% |
Summary: Homes in Garrett Park had an average listing age of 62 days in May 2024, up by 1.9% compared to the previous year.
