$3,859 Closing Credit*
$325,000
1,150 SqFt
3 Beds
•1 Full Bath, 1 Partial
Simone L Reid, Listing Office: Century 21 Harris Hawkins & Co.
Is 20903, 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, 20903 has remained a Seller's Market.
Key Takeaway
20903 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20903, MD
How much do homes in 20903, MD cost?
Median Sold Price
$477,000
$271/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$43,000(-8.3%)
Key Takeaway
Homes in 20903 have sold for 8.3% less than they did a month ago.
Summary: The median home sold price in 20903 was $477,000 in October 2024, down 8.3% from last month, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $485K | $429K | -11.5% |
| 4 Bedrooms | $510K | - | N/A |
| 5+ Bedrooms | $850K | $525K | -38.2% |
Summary: 20903 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 decreased by 11.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 38.2%.
Housing Supply in 20903, MD
How many homes are available in 20903, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The 20903 real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 20903 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 increased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20903, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 20903 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for 20903, MD
How long does it take to sell a home in 20903, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 73 Days | +197.1% |
Summary: Homes in 20903 had an average of 73 days on market in Oct 2024, up by 197.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was 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 20903 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 20903; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
