The Aspen Hill housing market is very competitive. The median sale price of a home in Aspen Hill was $569K last month, up 18.5% since last year. The median sale price per square foot in Aspen Hill is $270, up 5.1% since last year.
What is the housing market like in Aspen Hill today?
In March 2024, Aspen Hill home prices were up 18.5% compared to last year, selling for a median price of $569K. On average, homes in Aspen Hill sell after 28 days on the market compared to 34 days last year. There were 36 homes sold in March this year, up from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$569,000
+18.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Aspen Hill, MD
$569,000
+18.5%
United States
To compare other locations to the Aspen Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Aspen Hill 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 Aspen Hill housing market?
Aspen Hill is very competitive. Homes sell in 23 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 2% above list price and go pending in around 23 days.
Hot homes
can sell for about 5% above list price and go pending in around 6 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 Aspen Hill
Explore recent offers and recently sold homes in Aspen Hill
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$700K Offer
Sold for $800K
5bd | 3ba | ~3,000sqft
Over List Price
0%
Days on Market
5
Competing Offers
9
Down Payment
<10%
Lisa Greaves
Aspen Hill Redfin Agent
We escalated 2% over list and had full contingencies, though a short right to cancel inspection. There were ten offers total. Half of them escalated 3.5% and the top three escalated over 5% and waived all contingencies.…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Maryvale Elementary School
Public • PreK-5
617
Students
12 reviews
7/10
Flower Valley Elementary School
Public • PreK-5
490
Students
21 reviews
6/10
Lucy V. Barnsley Elementary School
Public • PreK-5
721
Students
5 reviews
5/10
Wheaton Woods Elementary School
Public • PreK-5
522
Students
2 reviews
5/10
Brookhaven Elementary School
Public • PreK-5
456
Students
4 reviews
Only showing 5 of
17 elementary schools.
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 Aspen Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Aspen Hill.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Aspen Hill has a moderate risk of flooding. 904 properties in Aspen Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Aspen Hill. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Aspen Hill has a moderate risk of wildfire. There are 4,417 properties in Aspen Hill that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Aspen Hill.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Aspen Hill has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Aspen Hill is most at risk from hurricanes. 11,382 properties in Aspen Hill 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.