How much do homes in Jessup, MD cost?

Median List Price

$405,000

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$4,920(+1.2%)

Key Takeaway

The list price of homes in Jessup has increased by 1.2% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 --N/A
2 $285K$307.4K+7.9%
3 $399.9K$399.9K0.0%
4 $445.8K$500K+12.1%
5+ $479.9K$499.9K+4.2%

Median List Price Compared To Nearby Cities

Hanover
+4.8%
Jessup
+1.2%

How many homes are available in Jessup, MD?

Number of Homes For Sale

Apr 2021May 2021%
5348-9.4%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 660.0%
3 2827-3.6%
4 1510-33.3%
5+ 45+25.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
94 Days67 Days-28.1%

Breakdown of Home Sale Times

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About Jessup, MD

Jessup, MD has 48 homes on the market.

The median list price of listings available in May 2021 was $405,000, while the average time on the real estate market was 67 days.

This housing market listing prices have changed between April 2021 and May 2021: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 7.9%, 3 bedrooms properties prices did not change, prices of 4 bedrooms properties increased by 12.1%, 5 bedrooms properties became 4.2% more expensive.

Between April 2021 and May 2021, Jessup, MD real estate market has seen decrease in the number of listings by 9.4%.

Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes did not move, volume of 3 bedrooms homes went dowm by 3.6%, number of 4 bedrooms homes decreased by 33.3%, volume of 5 bedrooms homes went up by 25%.

While more than 11 listings in Jessup, MD in May 2021 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below.

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