$5,581 Closing Credit*
$470,000
2,056 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jennifer L Anderson, Listing Office: EXIT By the Bay Realty
Is 20676, 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, 20676 has remained a Seller's Market.
Key Takeaway
20676 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20676, MD
How much do homes in 20676, MD cost?
Median Sold Price
$482,500
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,500(-1.5%)
Key Takeaway
Homes in 20676 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 20676 was $482,500 in November 2024, down 1.5% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | $100K | -70.4% |
| 2 Bedrooms | $225K | $250K | +11.1% |
| 3 Bedrooms | $352.5K | $375.5K | +6.5% |
| 4 Bedrooms | $587.5K | $500K | -14.9% |
| 5+ Bedrooms | $620K | $619K | -0.2% |
Summary: 20676 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 20676, MD
How many homes are available in 20676, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The 20676 real estate market had 7 homes for sale in November 2024, a 16.7% increase 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 | 4 | +33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 20676 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 increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20676, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 20676 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 20676, MD
How long does it take to sell a home in 20676, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 77 Days | +433.3% |
Summary: Homes in 20676 had an average of 77 days on market in Nov 2024, up by 433.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20676 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 20676; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
