$2,374 Closing Credit*
$199,900
794 SqFt
1 Bed
•1 Full Bath
Marichu Casino Larkin, Listing Office: Move4Free Realty, LLC
Is 20852, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 20852 has remained a Seller's Market.
Key Takeaway
20852 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20852, MD
How much do homes in 20852, MD cost?
Median Sold Price
$570,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+14.0%)
Key Takeaway
Homes in 20852 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 20852 was $570,000 in October 2024, up 14% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.8K | $294.8K | +5.4% |
| 2 Bedrooms | $418K | $435K | +4.1% |
| 3 Bedrooms | $600K | $722.5K | +20.4% |
| 4 Bedrooms | $850K | $915K | +7.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +12.7% |
Summary: 20852 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in 20852, MD
How many homes are available in 20852, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 136 | 162 | +19.1% |
Summary: The 20852 real estate market had 162 homes for sale in October 2024, a 19.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 26 | +18.2% |
| 2 Bedrooms | 48 | 54 | +12.5% |
| 3 Bedrooms | 27 | 34 | +25.9% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 20852 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 41 | +20.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20852, you could pay more than the asking price. 43.9% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in 20852 in October 2024, up by 20.6% month-over-month. Of the 41 sold homes, 22% were sold under asking, 34% were sold at asking, and 44% were sold over asking.
Days on Market for 20852, MD
How long does it take to sell a home in 20852, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 29 Days | +43.3% |
Summary: Homes in 20852 had an average of 29 days on market in Oct 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20852 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in 20852; 71% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
