Kemp Mill, MD Housing Market
The Kemp Mill housing market is very competitive. The median sale price of a home in Kemp Mill was $585K last month, up 3.7% since last year. The median sale price per square foot in Kemp Mill is $297, down 7.5% since last year.
Kemp Mill Housing Market Trends
In April 2024, Kemp Mill home prices were up 3.7% compared to last year, selling for a median price of $585K. On average, homes in Kemp Mill sell after 11 days on the market compared to 6 days last year. There were 7 homes sold in April this year, down from 9 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Kemp Mill housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 11 days.
- Hot homescan sell for about 5% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 12 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
Kemp Mill Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Kemp Mill from outside metros.
- New York homebuyers searched to move into Kemp Mill more than any other metro followed by Hartford and Atlanta.
- 82% of Kemp Mill homebuyers searched to stay within the Kemp Mill metropolitan area.
- Salisbury was the most popular destination among Kemp Mill homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Kemp Mill
Recent offers
View houses in Kemp Mill that sold recently
Recently sold homes
- $481,000 Last Sold Price3 beds1 bath1,224 sq ft10210 Procter St, Silver Spring, MD 20901(301) 388-2600List Price$425,000Sale to List13% over listDays on Market26 days10210 Procter St, Silver Spring, MD 20901
- $710,000 Last Sold Price4 beds3 baths2,060 sq ft1211 Arcola Ave, Silver Spring, MD 20902(703) 636-7300List Price$730,000Sale to List3% under listDays on Market78 days1211 Arcola Ave, Silver Spring, MD 20902
- $540,000 Last Sold Price3 beds2 baths1,624 sq ft804 Dryden St, Silver Spring, MD 20901(301) 230-3200List Price$540,000Sale to List0% over listDays on Market28 days804 Dryden St, Silver Spring, MD 20901
- $625,000 Last Sold Price3 beds2.5 baths1,640 sq ft403 Eisner St, Silver Spring, MD 20901(410) 823-0033 Redfin CorpList Price$560,000Sale to List12% over listDays on Market19 days403 Eisner St, Silver Spring, MD 20901
- $875,000 Last Sold Price3 beds3 baths2,846 sq ft11700 Auth Ln, Silver Spring, MD 20902(301) 424-0900List Price$859,000Sale to List2% over listDays on Market54 days11700 Auth Ln, Silver Spring, MD 20902
- $228,000 Last Sold Price2 beds2 baths1,080 sq ft1111 University Blvd W Unit 1119-A, Silver Spring, MD 20902(301) 299-1000List Price$230,000Sale to List1% under listDays on Market52 days1111 University Blvd W Unit 1119-A, Silver Spring, MD 20902
- $1,285,000 Last Sold Price5 beds3.5 baths4,132 sq ft12211 Remington Dr, Silver Spring, MD 20902(301) 298-1001List Price$1,295,000Sale to List1% under listDays on Market50 days12211 Remington Dr, Silver Spring, MD 20902
- $143,000 Last Sold Price1 bed1 bath1,080 sq ft1111 University Blvd W Unit 611-A, Silver Spring, MD 20902(301) 445-5900List Price$124,900Sale to List14% over listDays on Market44 days1111 University Blvd W Unit 611-A, Silver Spring, MD 20902
See all recently sold homes in Kemp Mill.
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Schools in Kemp Mill
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Forest Knolls Elementary School Public • PreK-5 | 543 Students | 9 reviews |
2/10 Kemp Mill Elementary School Public • PreK-5 | 458 Students | 15 reviews |
NR McPs Transitions School Public • N/A | - Students | N/A |
Climate's impact on Kemp Mill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Kemp Mill.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Kemp Mill
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