The Bethesda housing market is very competitive. Homes in Bethesda receive 4 offers on average and sell in around 14 days. The median sale price of a home in Bethesda was $1.1M last month, up 1.7% since last year. The median sale price per square foot in Bethesda is $494, down 4.9% since last year.
What is the housing market like in Bethesda today?
In March 2024, Bethesda home prices were up 1.7% compared to last year, selling for a median price of $1.1M. On average, homes in Bethesda sell after 14 days on the market compared to 32 days last year. There were 76 homes sold in March this year, up from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,123,750
+1.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bethesda, MD
$1,123,750
+1.7%
United States
To compare other locations to the Bethesda and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Bethesda's median sale price is 171% higher than the national average. Overall cost of living in Bethesda is 33% higher than the national average. Learn which home features in Bethesda add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Bethesda housing market?
Bethesda is very competitive. Homes sell in 7 days.
0
100
89
Very Competitive
Redfin Compete Score™
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 4% above list price and go pending in around 7 days.
Hot homes
can sell for about 9% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Bethesda
Explore recent offers and recently sold homes in Bethesda
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Bethesda housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bethesda.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bethesda has a moderate risk of flooding. 2,279 properties in Bethesda are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Bethesda. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bethesda has a moderate risk of wildfire. There are 4,382 properties in Bethesda that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Bethesda.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Bethesda has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Bethesda is most at risk from hurricanes. 17,417 properties in Bethesda have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.