Fairland, MD Housing Market
The Fairland housing market is very competitive. The median sale price of a home in Fairland was $380K last month, down 17.4% since last year. The median sale price per square foot in Fairland is $234, down 2.9% since last year.
Fairland Housing Market Trends
In March 2024, Fairland home prices were down 17.4% compared to last year, selling for a median price of $380K. On average, homes in Fairland sell after 18 days on the market compared to 29 days last year. There were 11 homes sold in March this year, up from 5 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Fairland 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 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 4% 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 19 days.
- Hot homescan sell for about 5% 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 9 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 26 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
Fairland Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Fairland from outside metros.
- New York homebuyers searched to move into Fairland more than any other metro followed by Atlanta and Hartford.
- 81% of Fairland homebuyers searched to stay within the Fairland metropolitan area.
- Salisbury was the most popular destination among Fairland homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Fairland
Recent offers
- Offer Not Accepted|7 Weeks Ago~$350K OfferSold for $400K3 bd | 3 ba | ~2,500 sqftOver List Price0%Days on Market7Competing Offers0Down Payment—
- Offer Not Accepted|7 Weeks Ago~$350K OfferSold for $400K3 bd | 3 ba | ~2,500 sqftOver List Price0%Days on Market7Competing Offers9Down Payment—
- Offer Not Accepted|8 Weeks Ago~$700K OfferSold for $700K4 bd | 2.5 ba | ~2,500 sqftOver List Price0%Days on Market4Competing Offers3Down Payment<10%
View houses in Fairland that sold recently
Recently sold homes
- $330,400 Last Sold Price3 beds1.5 baths1,224 sq ft3839 Lansdale Ct #84, Burtonsville, MD 20866(301) 366-5900List Price$329,900Sale to List0% over listDays on Market34 days3839 Lansdale Ct #84, Burtonsville, MD 20866
- $380,000 Last Sold Price3 beds2.5 baths1,700 sq ft14251 Castle Blvd Unit 124-17, Silver Spring, MD 20904(877) 893-6566List Price$369,999Sale to List3% over listDays on Market60 days14251 Castle Blvd Unit 124-17, Silver Spring, MD 20904
- $764,000 Last Sold Price4 beds3.5 baths3,456 sq ft12804 Tinstone Ct, Silver Spring, MD 20904(301) 652-0643List Price$725,000Sale to List5% over listDays on Market27 days12804 Tinstone Ct, Silver Spring, MD 20904
- $255,000 Last Sold Price2 beds1 bath850 sq ft3800 Ski Lodge Dr #309, Burtonsville, MD 20866List Price$249,900Sale to List2% over listDays on Market27 days3800 Ski Lodge Dr #309, Burtonsville, MD 20866
- $250,000—beds—baths1,143 sq ft13706 Modrad Way Unit 7A, Silver Spring, MD 20904Days on Market—13706 Modrad Way Unit 7A, Silver Spring, MD 20904
- $425,000 Last Sold Price3 beds2.5 baths1,960 sq ft3514 Childress Ter, Burtonsville, MD 20866(410) 465-6900 Redfin CorpList Price$415,000Sale to List2% over listDays on Market47 days3514 Childress Ter, Burtonsville, MD 20866
- $222,000—beds—baths946 sq ft3321 Sir Thomas Dr Unit 3B, Silver Spring, MD 20904Days on Market—3321 Sir Thomas Dr Unit 3B, Silver Spring, MD 20904
- $345,000 Last Sold Price3 beds2 baths915 sq ft24 Avonshire Ct, Silver Spring, MD 20904(410) 740-7100List Price$340,000Sale to List1% over listDays on Market31 days24 Avonshire Ct, Silver Spring, MD 20904
See all recently sold homes in Fairland.
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Schools in Fairland
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Galway Elementary School Public • PreK-5 | 788 Students | 15 reviews |
4/10 Fairland Elementary School Public • PreK-5 | 628 Students | 9 reviews |
3/10 Calverton Elementary School Public • PreK-5 | 862 Students | 4 reviews |
3/10 Greencastle Elementary School Public • PreK-5 | 700 Students | 20 reviews |
Climate's impact on Fairland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Fairland.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Fairland
Walk Score®
Transit Score®
Bike Score®
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