$4,156 Closing Credit*
$350,000
1,650 SqFt
4 Beds
•2 Full Baths, 1 Partial
Gilbert E Poudrier Jr., Listing Office: TTR Sotheby's International Realty
Is 20732, 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, 20732 has remained a Seller's Market.
Key Takeaway
20732 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20732, MD
How much do homes in 20732, MD cost?
Median Sold Price
$428,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+2.1%)
Key Takeaway
Homes in 20732 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 20732 was $428,000 in November 2024, up 2.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.4K | - | N/A |
| 2 Bedrooms | $325K | $339K | +4.3% |
| 3 Bedrooms | $372K | $399K | +7.3% |
| 4 Bedrooms | $579K | $480K | -17.1% |
| 5+ Bedrooms | $669K | $685K | +2.4% |
Summary: 20732 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 increased by 4.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 20732, MD
How many homes are available in 20732, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Summary: The 20732 real estate market had 44 homes for sale in November 2024, a 12.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 20732 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20732, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 20732 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for 20732, MD
How long does it take to sell a home in 20732, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 40 Days | +276.5% |
Summary: Homes in 20732 had an average of 40 days on market in Nov 2024, up by 276.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20732 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 20732; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
