$4,685 Closing Credit*
$394,500
2,010 SqFt
4 Beds
•3 Full Baths
Julie H Marshall, Listing Office: Jim Hall Real Estate
Is 20693, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20693 has remained a Seller's Market.
Key Takeaway
20693 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20693, MD
How much do homes in 20693, MD cost?
Median Sold Price
$507,500
$161/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$62,500(+14.0%)
Key Takeaway
Homes in 20693 have sold for 14% more than they did a month ago.
Summary: The median home sold price in 20693 was $507,500 in October 2024, up 14% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $445K | $440K | -1.1% |
| 4 Bedrooms | - | $575K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 20693 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 20677 | $607.8K | $751.1K | +23.6% |
| 20693 | $445K | $507.5K | +14.0% |
Housing Supply in 20693, MD
How many homes are available in 20693, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 20693 real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 20693 housing inventory by bedroom type for October 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 remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20693, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 20693 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 20693, MD
How long does it take to sell a home in 20693, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 6 Days | 0.0% |
Summary: Homes in 20693 had an average of 6 days on market in Oct 2024, the same as last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20693 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 20693; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
