The King Farm housing market is very competitive. Homes in King Farm receive 3 offers on average and sell in around 19 days. The median sale price of a home in King Farm was $736K last month, up 15.5% since last year. The median sale price per square foot in King Farm is $395, up 47.4% since last year.
What is the housing market like in King Farm today?
In April 2024, King Farm home prices were up 15.5% compared to last year, selling for a median price of $736K. On average, homes in King Farm sell after 19 days on the market compared to 13 days last year. There were 27 homes sold in April this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$735,930
+15.5% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
King Farm, MD
$735,930
+15.5%
United States
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How hot is the King Farm housing market?
King Farm is very competitive. Homes sell in 14 days.
0
100
86
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 3% above list price and go pending in around 14 days.
Hot homes
can sell for about 7% above list price and go pending in around 1 day.
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 King Farm housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in King Farm.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
King Farm has a minor risk of flooding. 20 properties in King Farm are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in King Farm. Flood risk is increasing slower than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
King Farm has a minor risk of wildfire. There are 1,291 properties in King Farm that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in King Farm.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
King Farm has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. King Farm is most at risk from hurricanes. 1,817 properties in King Farm 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 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.