Housing Prices in 20842, MD

How much do homes in 20842, MD cost?

Median List Price

$912,450

$295/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$172,050(-15.9%)

Key Takeaway

The list price of homes in 20842 has decreased by 15.9% since last year.

Summary: The median home list price in 20842 was $912,450 in March 2024, down 15.9% from the previous year, and the median price per square foot was $295.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $699.9K$699.9K
0.0%
3 $797.4K$399.9K
-49.9%
4 $1.0M$1.3M
+21.6%
5+ $1.1M$1.0M
-6.8%

Summary: 20842 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 decreased by 49.9%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes decreased by 6.8%.

Median List Price Compared To Nearby Zip Codes

20841
+3.6%
20842
-15.9%

Housing Supply in 20842, MD

How many homes are available in 20842, MD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The 20842 real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 33
0.0%
4 12
+100.0%
5+ 44
0.0%

Summary: The 20842 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 100%, and 5+ bedroom homes remained the same.

Days on Market for 20842, MD

How long does it take to sell a home in 20842, MD?

Average Listing Age

Mar 2023Mar 2024CHANGE
165 Days396 Days+139.4%

Summary: Homes in 20842 had an average listing age of 396 days in Mar 2024, up by 139.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 20842, MD

Nearby Markets to 20842, MD