$5,178 Closing Credit*
$436,000
2,645 SqFt
6 Beds
•2 Full Baths, 2 Partial
Debbie Friedrich, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is 20664, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 20664 has remained a Seller's Market.
Key Takeaway
20664 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20664, MD
How much do homes in 20664, MD cost?
Median Sold Price
$470,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+20.5%)
Key Takeaway
Homes in 20664 have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in 20664 was $470,000 in October 2024, up 20.5% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $92.5K | -38.3% |
| 2 Bedrooms | $70K | $282K | +302.9% |
| 3 Bedrooms | $311K | $472K | +51.8% |
| 4 Bedrooms | $427K | $484.8K | +13.5% |
| 5+ Bedrooms | $725K | $699K | -3.6% |
Summary: 20664 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.3%, 2 bedroom homes increased by 302.9%, 3 bedroom homes increased by 51.8%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Zip Codes
| 20664 | $390K | $470K | +20.5% |
| 20645 | $497.5K | $465K | -6.5% |
Housing Supply in 20664, MD
How many homes are available in 20664, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The 20664 real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 20664 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20664, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 20664 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for 20664, MD
How long does it take to sell a home in 20664, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +13.8% |
Summary: Homes in 20664 had an average of 35 days on market in Oct 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20664 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 20664; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
