Is Greenbelt, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Greenbelt is a seller's market


Difference Since November 2022

Since last year, Greenbelt has remained a Seller's Market.

Key Takeaway

Greenbelt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenbelt, MD

How much do homes in Greenbelt, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Greenbelt have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Greenbelt was $230,000 in November 2023, up 2.2% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $155K$157.5K
2 $195K$208.9K
3 $268.7K$310K
4 $505K$480K
5+ $650K$616.5K

Summary: Greenbelt housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Cities

College Park
Riverdale Park

Housing Supply in Greenbelt, MD

How many homes are available in Greenbelt, MD?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Greenbelt real estate market had 79 homes for sale in November 2023, a 9.7% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 910
2 3034
3 2527
4 78
5+ 10

Summary: The Greenbelt housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbelt, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Greenbelt in November 2023, down by 5.3% month-over-month. Of the 18 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.

Days on Market for Greenbelt, MD

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

Average Sale Time

Nov 2022Nov 2023CHANGE
22 Days14 Days-36.4%

Summary: Homes in Greenbelt had an average of 14 days on market in Nov 2023, down by 36.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenbelt are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 18 homes were sold in Greenbelt; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Greenbelt, MD

Nearby Markets to Greenbelt, MD

What housing markets are near Greenbelt, MD?