Housing Prices in Garrett Park, MD

How much do homes in Garrett Park, MD cost?

Median List Price

$1,450,000

$499/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$302,500(+26.4%)

Key Takeaway

The list price of homes in Garrett Park has increased by 26.4% since last year.

Summary: The median home list price in Garrett Park was $1,450,000 in May 2024, up 26.4% from the previous year, and the median price per square foot was $499.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$749.9K
N/A
3 --
N/A
4 $947.5K$1.2M
+26.6%
5+ $1.1M$1.7M
+48.1%

Summary: Garrett Park housing prices by bedroom type for May 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 did not change, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 48.1%.

Housing Supply in Garrett Park, MD

How many homes are available in Garrett Park, MD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
57+40.0%

Summary: The Garrett Park real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 00
0.0%
5+ 46
+50.0%

Summary: The Garrett Park housing inventory by bedroom type for May 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 remained the same, and 5+ bedroom homes increased by 50%.

Days on Market for Garrett Park, MD

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

Average Listing Age

May 2023May 2024CHANGE
61 Days62 Days+1.9%

Summary: Homes in Garrett Park had an average listing age of 62 days in May 2024, up by 1.9% compared to the previous year.

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

Report Updated 12 Days Ago

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