Housing Prices in 20687, MD
How much do homes in 20687, MD cost?
Median List Price
$472,450
$294/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 20687 has decreased by 1.4% since last year.
Summary: The median home list price in 20687 was $472,450 in March 2024, down 1.4% from the previous year, and the median price per square foot was $294.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $387.4K | $425K | +9.7% |
| 3 Bedrooms | $424.9K | $347.4K | -18.2% |
| 4 Bedrooms | $494.9K | $504.9K | +2.0% |
| 5+ Bedrooms | $687.5K | $649.9K | -5.5% |
Summary: 20687 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 increased by 9.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 5.5%.
Median List Price Compared To Nearby Zip Codes
| 20680 | $285.9K | $374.9K | +31.1% |
| 20687 | $479K | $472.4K | -1.4% |
| 20684 | $482.4K | $419.7K | -13.0% |
Housing Supply in 20687, MD
How many homes are available in 20687, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The 20687 real estate market had 7 homes for sale in March 2024, a 16.7% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 20687 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for 20687, MD
How long does it take to sell a home in 20687, MD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 66 Days | 298 Days | +352.4% |
Summary: Homes in 20687 had an average listing age of 298 days in Mar 2024, up by 352.4% compared to the previous year.
