Housing Prices in 20623, MD

How much do homes in 20623, MD cost?

Median List Price

$485,000

$197/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$24,450(-4.8%)

Key Takeaway

The list price of homes in 20623 has decreased by 4.8% since last year.

Summary: The median home list price in 20623 was $485,000 in October 2024, down 4.8% from the previous year, and the median price per square foot was $197.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $370K$383.7K
+3.7%
4 $552K$489.9K
-11.3%
5+ $565K$646.9K
+14.5%

Summary: 20623 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes increased by 14.5%.

Median List Price Compared To Nearby Zip Codes

20735
+4.9%
20772
-1.4%
20623
-4.8%
20613
-5.1%

Housing Supply in 20623, MD

How many homes are available in 20623, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12+100.0%

Summary: The 20623 real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The 20623 housing inventory by bedroom type for October 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 100%.

Days on Market for 20623, MD

How long does it take to sell a home in 20623, MD?

Average Listing Age

Oct 2023Oct 2024CHANGE
91 Days61 Days-33.2%

Summary: Homes in 20623 had an average listing age of 61 days in Oct 2024, down by 33.2% compared to the previous year.

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

Report Updated 14 Days Ago

Newest Listings in 20623, MD

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