$7,220 Closing Credit*
$608,000
3,145 SqFt
4 Beds
•3 Full Baths, 1 Partial
Dustin Oldfather, Listing Office: Compass
Is 20769, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 20769 was a Seller'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
$640,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-3.0%)
Key Takeaway
Homes in 20769 have sold for 3% less than they did a year ago.
Summary: The median home sold price in 20769 was $640,000 in November 2024, down 3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | - | N/A |
| 3 Bedrooms | $425K | $460.5K | +8.4% |
| 4 Bedrooms | $656K | $599.9K | -8.5% |
| 5+ Bedrooms | $715K | $782.5K | +9.4% |
Summary: 20769 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 did not change, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 20769, MD
How many homes are available in 20769, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The 20769 real estate market had 35 homes for sale in November 2024, a 14.6% decrease 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The 20769 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 decreased by 25%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20769, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 20769 in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 60 Days | +164.5% |
Summary: Homes in 20769 had an average of 60 days on market in Nov 2024, up by 164.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20769 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 20769; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
