$10,000 Closing Credit*
$875,000
5,763 SqFt
6 Beds
•5 Full Baths, 1 Partial
Hazel Shakur, Listing Office: Redfin Corp
Is 20613, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 20613 has remained a Seller's Market.
Key Takeaway
20613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20613, MD
How much do homes in 20613, MD cost?
Median Sold Price
$479,490
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$58,955(-10.9%)
Key Takeaway
Homes in 20613 have sold for 10.9% less than they did a year ago.
Summary: The median home sold price in 20613 was $479,490 in December 2024, down 10.9% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302K | $322.5K | +6.8% |
| 3 Bedrooms | $439.9K | $457.9K | +4.1% |
| 4 Bedrooms | $595K | $585K | -1.7% |
| 5+ Bedrooms | $839K | $805.5K | -4.0% |
Summary: 20613 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 4%.
Housing Supply in 20613, MD
How many homes are available in 20613, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 115 | 98 | -14.8% |
Summary: The 20613 real estate market had 98 homes for sale in December 2024, a 14.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 61 | 48 | -21.3% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 20613 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20613, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 20613 in December 2024, up by 4.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for 20613, MD
How long does it take to sell a home in 20613, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 28 Days | 42 Days | +51.6% |
Summary: Homes in 20613 had an average of 42 days on market in Dec 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20613 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in 20613; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
