$8,289 Closing Credit*
$698,000
2,583 SqFt
5 Beds
•3 Full Baths
Amy Riemer, Listing Office: RLAH @properties
Housing Prices in Mount Rainier, MD
How much do homes in Mount Rainier, MD cost?
Median List Price
$509,950
$287/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$10,050(+2.0%)
Key Takeaway
The list price of homes in Mount Rainier has increased by 2% since last year.
Summary: The median home list price in Mount Rainier was $509,950 in October 2024, up 2% from the previous year, and the median price per square foot was $287.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $352.5K | $310K | -12.1% |
| 3 Bedrooms | $345K | $480K | +39.1% |
| 4 Bedrooms | $530K | $559K | +5.5% |
| 5+ Bedrooms | $597K | $554.8K | -7.1% |
Summary: Mount Rainier housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 7.1%.
Median List Price Compared To Nearby Cities
| Brentwood | $389.5K | $425K | +9.1% |
| Cottage City | $365K | $375K | +2.7% |
| Mount Rainier | $499.9K | $509.9K | +2.0% |
| Hyattsville | $389.4K | $393K | +0.9% |
Housing Supply in Mount Rainier, MD
How many homes are available in Mount Rainier, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Mount Rainier real estate market had 19 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Mount Rainier 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 14.3%.
Days on Market for Mount Rainier, MD
How long does it take to sell a home in Mount Rainier, MD?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 57 Days | -41.3% |
Summary: Homes in Mount Rainier had an average listing age of 57 days in Oct 2024, down by 41.3% compared to the previous year.
