Housing Prices in Sandy Spring, MD

How much do homes in Sandy Spring, MD cost?

Median List Price

$1,050,000

$269/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$87,500(+9.1%)

Key Takeaway

The list price of homes in Sandy Spring has increased by 9.1% since last year.

Summary: The median home list price in Sandy Spring was $1,050,000 in February 2024, up 9.1% from the previous year, and the median price per square foot was $269.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $450K$475K
+5.6%
3 $409.9K$487.5K
+18.9%
4 $862.4K$1.1M
+30.4%
5+ $1.2M$1.1M
-3.9%

Summary: Sandy Spring housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes decreased by 3.9%.

Median List Price Compared To Nearby Cities

Ashton
+47.5%
Sandy Spring
+9.1%

Housing Supply in Sandy Spring, MD

How many homes are available in Sandy Spring, MD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1114+27.3%

Summary: The Sandy Spring real estate market had 14 homes for sale in February 2024, a 27.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 44
0.0%
5+ 58
+60.0%

Summary: The Sandy Spring housing inventory by bedroom type for February 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 60%.

Days on Market for Sandy Spring, MD

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

Average Listing Age

Feb 2023Feb 2024CHANGE
210 Days258 Days+22.7%

Summary: Homes in Sandy Spring had an average listing age of 258 days in Feb 2024, up by 22.7% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Sandy Spring, MD

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