$150,000
1.01 Acres
Land
Christopher T Clemons, Listing Office: CENTURY 21 New Millennium
Is 20736, 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, 20736 has remained a Seller's Market.
Key Takeaway
20736 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20736, MD
How much do homes in 20736, MD cost?
Median Sold Price
$497,000
$202/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$113,000(-18.5%)
Key Takeaway
Homes in 20736 have sold for 18.5% less than they did a month ago.
Summary: The median home sold price in 20736 was $497,000 in November 2024, down 18.5% from last month, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $467.4K | $389K | -16.8% |
| 4 Bedrooms | $610K | $515K | -15.6% |
| 5+ Bedrooms | $789.5K | - | N/A |
Summary: 20736 housing prices by bedroom type for November 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 16.8%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.
Housing Supply in 20736, MD
How many homes are available in 20736, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Summary: The 20736 real estate market had 25 homes for sale in November 2024, a 10.7% decrease 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 | 8 | 5 | -37.5% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 20736 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 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20736, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 20736 in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 20736, MD
How long does it take to sell a home in 20736, MD?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 36 Days | +12.5% |
Summary: Homes in 20736 had an average of 36 days on market in Nov 2024, up by 12.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20736 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 20736; 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.
