$10,000 Closing Credit*
$925,000
3,270 SqFt
6 Beds
•4 Full Baths, 1 Partial
Juliet Marie Patterson, Listing Office: RE/MAX One
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
$610,000
$207/sqft
Based on all homes sold in October 2024.
The Median Sold Price hasn't changed since September 2024.
Key Takeaway
The sold price of homes in 20736 has remained the same since last month.
Summary: The median home sold price in 20736 was $610,000 in October 2024, the same as last month, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $560K | $499.9K | -10.7% |
| 4 Bedrooms | $592.5K | $610K | +3.0% |
| 5+ Bedrooms | $885K | $880K | -0.6% |
Summary: 20736 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 10.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Zip Codes
| 20736 | $610K | $610K | 0.0% |
| 20689 | $649K | $580K | -10.6% |
Housing Supply in 20736, MD
How many homes are available in 20736, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The 20736 real estate market had 32 homes for sale in October 2024, a 10.3% increase compared to 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 | 6 | 10 | +66.7% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 20736 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 increased by 66.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 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 20736, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 20736 in October 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 34 Days | +372.5% |
Summary: Homes in 20736 had an average of 34 days on market in Oct 2024, up by 372.5% compared to last month.
Breakdown of Home Sale Times
4 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 October 2024, 7 homes were sold in 20736; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
