$10,000 Closing Credit*
$2,450,000
8,425 SqFt
9 Beds
•6 Full Baths, 1 Partial
Erica K Baker, Listing Office: TTR Sotheby's International Realty
Is 20764, 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, 20764 has remained a Seller's Market.
Key Takeaway
20764 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20764, MD
How much do homes in 20764, MD cost?
Median Sold Price
$399,950
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,050(-5.4%)
Key Takeaway
Homes in 20764 have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in 20764 was $399,950 in November 2024, down 5.4% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $315K | $324K | +2.9% |
| 3 Bedrooms | $394.9K | $400K | +1.3% |
| 4 Bedrooms | $527.5K | $481K | -8.8% |
| 5+ Bedrooms | $934.9K | $774.5K | -17.2% |
Summary: 20764 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 2.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Zip Codes
| 20776 | $689.9K | $810K | +17.4% |
| 20733 | $388.1K | $450K | +15.9% |
| 20778 | $649.9K | $705K | +8.5% |
| 20764 | $423K | $399.9K | -5.4% |
Housing Supply in 20764, MD
How many homes are available in 20764, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Summary: The 20764 real estate market had 30 homes for sale in November 2024, a 15.4% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 20764 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 decreased by 16.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.
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 20764, 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 20764 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 20764, MD
How long does it take to sell a home in 20764, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 46 Days | +8.9% |
Summary: Homes in 20764 had an average of 46 days on market in Nov 2024, up by 8.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20764 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 20764; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
