Is 20910, 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, 20910 was a Seller's Market.
Housing Prices in 20910, MD
How much do homes in 20910, MD cost?
Median Sold Price
$650,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 20910 was $650,000 in March 2024, up 4.5% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $254K | $250.4K | -1.4% |
2 Bedrooms | $387K | $364K | -5.9% |
3 Bedrooms | $650K | $760K | +16.9% |
4 Bedrooms | $812K | $836K | +3.0% |
5+ Bedrooms | $897.5K | $1.1M | +22.6% |
Summary: 20910 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 22.6%.
Housing Supply in 20910, MD
How many homes are available in 20910, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
139 | 149 | +7.2% |
Summary: The 20910 real estate market had 149 homes for sale in March 2024, a 7.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 37 | 44 | +18.9% |
2 Bedrooms | 29 | 27 | -6.9% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 38 | 37 | -2.6% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 20910 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.9%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 20910 in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% were sold over asking.
Days on Market for 20910, MD
How long does it take to sell a home in 20910, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 23 Days | -1.9% |
Summary: Homes in 20910 had an average of 23 days on market in Mar 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 20910; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.