$10,000 Closing Credit*
$2,100,000
9,309 SqFt
8 Beds
•6 Full Baths, 1 Partial
Creig E Northrop III, Listing Office: Northrop Realty
Is 20759, 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, 20759 has remained a Seller's Market.
Key Takeaway
20759 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20759, MD
How much do homes in 20759, MD cost?
Median Sold Price
$891,576
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$91,576(+11.4%)
Key Takeaway
Homes in 20759 have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in 20759 was $891,576 in November 2024, up 11.4% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $506.5K | $480K | -5.2% |
| 3 Bedrooms | $730K | $834.5K | +14.3% |
| 4 Bedrooms | $815K | $913.8K | +12.1% |
| 5+ Bedrooms | $1.2M | $1.3M | +12.0% |
Summary: 20759 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 decreased by 5.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 12%.
Housing Supply in 20759, MD
How many homes are available in 20759, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The 20759 real estate market had 23 homes for sale in November 2024, a 27.8% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 20759 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 increased by 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20759, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 20759 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 20759, MD
How long does it take to sell a home in 20759, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 8 Days | -18.6% |
Summary: Homes in 20759 had an average of 8 days on market in Nov 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20759 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 20759; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
