Is 20675, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 20675 was a Seller's Market.
Housing Prices in 20675, MD
How much do homes in 20675, MD cost?
Median Sold Price
$450,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 20675 was $450,000 in March 2024, up 5.9% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | - | N/A |
3 Bedrooms | $417.4K | $439K | +5.2% |
4 Bedrooms | $418.7K | $459.5K | +9.7% |
5+ Bedrooms | $445K | $474.9K | +6.7% |
Summary: 20675 housing prices by bedroom type for March 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 increased by 5.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 20675, MD
How many homes are available in 20675, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The 20675 real estate market had 26 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 20675 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 20675 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 20675, MD
How long does it take to sell a home in 20675, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 13 Days | -11.4% |
Summary: Homes in 20675 had an average of 13 days on market in Mar 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 20675; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.