$4,274 Closing Credit*
$359,900
1,840 SqFt
4 Beds
•2 Full Baths, 1 Partial
Bryan Michael Clarke, Listing Office: RE/MAX One
Is 20634, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 20634 has remained a Seller's Market.
Key Takeaway
20634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20634, MD
How much do homes in 20634, MD cost?
Median Sold Price
$314,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,000(+0.6%)
Key Takeaway
Homes in 20634 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 20634 was $314,500 in November 2024, up 0.6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $190K | 0.0% |
| 2 Bedrooms | $207K | $226.5K | +9.4% |
| 3 Bedrooms | $262K | $278K | +6.1% |
| 4 Bedrooms | $365K | $401K | +9.9% |
| 5+ Bedrooms | $440K | $490K | +11.4% |
Summary: 20634 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 11.4%.
Housing Supply in 20634, MD
How many homes are available in 20634, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 31 | 0.0% |
Summary: The 20634 real estate market had 31 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 20634 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 increased by 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20634, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 20634 in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for 20634, MD
How long does it take to sell a home in 20634, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 26 Days | +150.8% |
Summary: Homes in 20634 had an average of 26 days on market in Nov 2024, up by 150.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20634 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 20634; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
