Is 20639, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20639 has remained a Buyer's Market.
Housing Prices in 20639, MD
How much do homes in 20639, MD cost?
Median Sold Price
$690,000
$196/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in 20639 was $690,000 in February 2024, up 68.3% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $410K | $690K | +68.3% |
4 Bedrooms | $603.1K | $557.5K | -7.6% |
5+ Bedrooms | - | $744.9K | N/A |
Summary: 20639 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 68.3%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
20639 | $410K | $690K | +68.3% |
20689 | $689K | $390.7K | -43.3% |
Housing Supply in 20639, MD
How many homes are available in 20639, MD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
89 | 91 | +2.2% |
Summary: The 20639 real estate market had 91 homes for sale in February 2024, a 2.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 38 | 37 | -2.6% |
5+ Bedrooms | 31 | 35 | +12.9% |
Summary: The 20639 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 20639 in February 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 20639, MD
How long does it take to sell a home in 20639, MD?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 Days | 36 Days | +8.7% |
Summary: Homes in 20639 had an average of 36 days on market in Feb 2024, up by 8.7% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in 20639; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.