$2,968 Closing Credit*
$249,900
600 SqFt
4 Beds
•1 Full Bath
Karen J DeMatteo, Listing Office: Taylor Properties
Is 20618, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20618 has remained a Seller's Market.
Key Takeaway
20618 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20618, MD
How much do homes in 20618, MD cost?
Median Sold Price
$299,950
$468/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$167,550(-35.8%)
Key Takeaway
Homes in 20618 have sold for 35.8% less than they did a month ago.
Summary: The median home sold price in 20618 was $299,950 in November 2024, down 35.8% from last month, and the median price per square foot was $468.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $322.5K | $299.9K | -7.0% |
| 4 Bedrooms | $540K | - | N/A |
| 5+ Bedrooms | $757.4K | - | N/A |
Summary: 20618 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 20618, MD
How many homes are available in 20618, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The 20618 real estate market had 3 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 20618 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20618, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 20618 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 20618, MD
How long does it take to sell a home in 20618, MD?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 21 Days | -31.7% |
Summary: Homes in 20618 had an average of 21 days on market in Nov 2024, down by 31.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20618 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 20618; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
