$5,641 Closing Credit*
$475,000
1,857 SqFt
5 Beds
•3 Full Baths
Frank A Mcknew, Listing Office: RE/MAX 100
Is 20710, 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, 20710 was a Seller's Market.
Key Takeaway
20710 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 20710, MD
How much do homes in 20710, MD cost?
Median Sold Price
$280,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,500(+5.8%)
Key Takeaway
Homes in 20710 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 20710 was $280,500 in November 2024, up 5.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $102.5K | +57.7% |
| 2 Bedrooms | $126K | $123K | -2.4% |
| 3 Bedrooms | $291K | $325K | +11.7% |
| 4 Bedrooms | $323.5K | $405K | +25.2% |
| 5+ Bedrooms | $420K | $374.6K | -10.8% |
Summary: 20710 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.7%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in 20710, MD
How many homes are available in 20710, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 20710 real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 20710 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20710, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 20710 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 20710, MD
How long does it take to sell a home in 20710, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 23 Days | +252.5% |
Summary: Homes in 20710 had an average of 23 days on market in Nov 2024, up by 252.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20710 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 20710; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
