$10,000 Closing Credit*
$875,000
2,964 SqFt
4 Beds
•3 Full Baths
Russell E Chandler, Listing Office: Redfin Corp
Is 20833, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20833 has remained a Seller's Market.
Key Takeaway
20833 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20833, MD
How much do homes in 20833, MD cost?
Median Sold Price
$669,900
$268/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$69,900(+11.7%)
Key Takeaway
Homes in 20833 have sold for 11.7% more than they did a month ago.
Summary: The median home sold price in 20833 was $669,900 in December 2024, up 11.7% from last month, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $600K | - | N/A |
| 4 Bedrooms | $680K | $629.9K | -7.4% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: 20833 housing prices by bedroom type for December 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 decreased by 7.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 20832 | $515K | $609K | +18.3% |
| 20833 | $600K | $669.9K | +11.7% |
| 21737 | $1.5M | $722K | -51.9% |
Housing Supply in 20833, MD
How many homes are available in 20833, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The 20833 real estate market had 12 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 20833 housing inventory by bedroom type for December 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 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 20833, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 20833 in December 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 20833, MD
How long does it take to sell a home in 20833, MD?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 70 Days | +218.8% |
Summary: Homes in 20833 had an average of 70 days on market in Dec 2024, up by 218.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20833 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in 20833; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
