$10,000 Closing Credit*
$1,375,000
3,520 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jennifer A Klarman, Listing Office: Long & Foster Real Estate, Inc.
Is 20776, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 20776 was a Buyer's Market.
Key Takeaway
20776 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20776, MD
How much do homes in 20776, MD cost?
Median Sold Price
$770,000
$257/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$190,000(-19.8%)
Key Takeaway
Homes in 20776 have sold for 19.8% less than they did a month ago.
Summary: The median home sold price in 20776 was $770,000 in October 2024, down 19.8% from last month, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $770K | N/A |
| 4 Bedrooms | - | $750K | N/A |
| 5+ Bedrooms | $960K | $1.5M | +59.4% |
Summary: 20776 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 59.4%.
Housing Supply in 20776, MD
How many homes are available in 20776, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 20776 real estate market had 8 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 20776 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20776, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 20776 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 20776, MD
How long does it take to sell a home in 20776, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Day | 72 Days | +7166.7% |
Summary: Homes in 20776 had an average of 72 days on market in Oct 2024, up by 7166.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20776 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 20776; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
