$7,659 Closing Credit*
$644,990
2,471 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kathleen Cassidy, Listing Office: DRH Realty Capital, LLC.
Is 20769, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 20769 was a Buyer's Market.
Key Takeaway
20769 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 20769, MD
How much do homes in 20769, MD cost?
Median Sold Price
$646,490
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,510(-1.4%)
Key Takeaway
Homes in 20769 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 20769 was $646,490 in October 2024, down 1.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | - | N/A |
| 3 Bedrooms | $400K | $432.5K | +8.1% |
| 4 Bedrooms | $620.5K | $600.9K | -3.1% |
| 5+ Bedrooms | $700K | $782.5K | +11.8% |
Summary: 20769 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 did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 20769, MD
How many homes are available in 20769, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 47 | 0.0% |
Summary: The 20769 real estate market had 47 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 | 5 | 4 | -20.0% |
| 4 Bedrooms | 31 | 32 | +3.2% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 20769 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 decreased by 20%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20769, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 20769 in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for 20769, MD
How long does it take to sell a home in 20769, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 24 Days | +50.0% |
Summary: Homes in 20769 had an average of 24 days on market in Oct 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
5 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 20769 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 20769; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
