$10,000 Closing Credit*
$1,675,000
6,388 SqFt
4 Beds
•4 Full Baths, 1 Partial
Craig A Coleman, Listing Office: Coldwell Banker Realty
Is 20759, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$880,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+6.7%)
Key Takeaway
Homes in 20759 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 20759 was $880,000 in October 2024, up 6.7% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $506.5K | $480K | -5.2% |
| 3 Bedrooms | $732.5K | $830.4K | +13.4% |
| 4 Bedrooms | $827.5K | $907K | +9.6% |
| 5+ Bedrooms | $1.1M | $1.3M | +21.6% |
Summary: 20759 housing prices by bedroom type for October 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 13.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 21.6%.
Housing Supply in 20759, MD
How many homes are available in 20759, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The 20759 real estate market had 21 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 20759 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 200%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20759, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 20759 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -7.0% |
Summary: Homes in 20759 had an average of 19 days on market in Oct 2024, down by 7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 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 October 2024, 5 homes were sold in 20759; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
