$9,132 Closing Credit*
$769,000
3,740 SqFt
4 Beds
•3 Full Baths, 1 Partial
Carole A George, Listing Office: CENTURY 21 New Millennium
Is 20639, 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, 20639 has remained a Seller's Market.
Key Takeaway
20639 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20639, MD
How much do homes in 20639, MD cost?
Median Sold Price
$630,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,500(-1.6%)
Key Takeaway
Homes in 20639 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 20639 was $630,000 in November 2024, down 1.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $165K | -56.6% |
| 3 Bedrooms | $450K | $445K | -1.1% |
| 4 Bedrooms | $625K | $620K | -0.8% |
| 5+ Bedrooms | $700K | $726.9K | +3.9% |
Summary: 20639 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 decreased by 56.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 20639, MD
How many homes are available in 20639, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 46 | -11.5% |
Summary: The 20639 real estate market had 46 homes for sale in November 2024, a 11.5% 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 | 12 | 9 | -25.0% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 20639 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 25%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20639, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 20639 in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.
Days on Market for 20639, MD
How long does it take to sell a home in 20639, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 37 Days | +2.7% |
Summary: Homes in 20639 had an average of 37 days on market in Nov 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20639 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 20639; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
