$8,905 Closing Credit*
$749,900
2,616 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jacob R Grier, Listing Office: Baldus Real Estate, Inc.
Is 20677, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 20677 was a Buyer's Market.
Key Takeaway
20677 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20677, MD
How much do homes in 20677, MD cost?
Median Sold Price
$668,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$228,885(+52.1%)
Key Takeaway
Homes in 20677 have sold for 52.1% more than they did a year ago.
Summary: The median home sold price in 20677 was $668,000 in November 2024, up 52.1% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $384.9K | $418K | +8.6% |
| 4 Bedrooms | $475K | $699.6K | +47.3% |
| 5+ Bedrooms | $640K | $726.5K | +13.5% |
Summary: 20677 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 did not change, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 47.3%, and 5+ bedroom homes increased by 13.5%.
Housing Supply in 20677, MD
How many homes are available in 20677, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The 20677 real estate market had 15 homes for sale in November 2024, a 7.1% 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 20677 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 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20677, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 20677 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 20677, MD
How long does it take to sell a home in 20677, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 26 Days | +281.0% |
Summary: Homes in 20677 had an average of 26 days on market in Nov 2024, up by 281% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20677 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 20677; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
