$7,244 Closing Credit*
$610,000
3,674 SqFt
4 Beds
•4 Full Baths
Mary J Chambers, Listing Office: JPAR Real Estate Professionals
Is 20695, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 20695 has remained a Seller's Market.
Key Takeaway
20695 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20695, MD
How much do homes in 20695, MD cost?
Median Sold Price
$469,900
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$50(0%)
Key Takeaway
The sold price of homes in 20695 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $408K | $406K | -0.5% |
| 3 Bedrooms | $443.8K | $437.4K | -1.4% |
| 4 Bedrooms | $533.4K | $555K | +4.0% |
| 5+ Bedrooms | $589.9K | $601.1K | +1.9% |
Summary: 20695 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 20695, MD
How many homes are available in 20695, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Summary: The 20695 real estate market had 50 homes for sale in December 2024, a 8.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 30 | 29 | -3.3% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 20695 housing inventory by bedroom type for December 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 3.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
2 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 20695, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 20695 in December 2024, down by 21.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.
Days on Market for 20695, MD
How long does it take to sell a home in 20695, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 28 Days | -6.4% |
Summary: Homes in 20695 had an average of 28 days on market in Dec 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20695 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in 20695; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
