Is 20736, 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, 20736 was a Seller's Market.
Housing Prices in 20736, MD
How much do homes in 20736, MD cost?
Median Sold Price
$590,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 20736 was $590,000 in March 2024, down 1.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $447.5K | $482.5K | +7.8% |
4 Bedrooms | $610K | $580K | -4.9% |
5+ Bedrooms | $655K | $687K | +4.9% |
Summary: 20736 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 7.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 20736, MD
How many homes are available in 20736, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Summary: The 20736 real estate market had 38 homes for sale in March 2024, a 5.0% 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 | 5 | 4 | -20.0% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 20736 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 decreased by 20%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 3 | -72.7% |
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 20736 in March 2024, down by 72.7% 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 20736, MD
How long does it take to sell a home in 20736, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 28 Days | -75.4% |
Summary: Homes in 20736 had an average of 28 days on market in Mar 2024, down by 75.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 20736; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.