Kemp Mill, MD Housing Market
The Kemp Mill housing market is very competitive. The median sale price of a home in Kemp Mill was $600K last month, up 1.3% since last year. The median sale price per square foot in Kemp Mill is $361, up 7.9% since last year.
Kemp Mill Housing Market Trends
In March 2024, Kemp Mill home prices were up 1.3% compared to last year, selling for a median price of $600K. On average, homes in Kemp Mill sell after 27 days on the market compared to 13 days last year. There were 8 homes sold in March this year, up from 4 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 6 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 35 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 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 23 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 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 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 Atlanta and Hartford.
- 81% 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 | 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 Kemp Mill
Recent offers
View houses in Kemp Mill that sold recently
Recently sold homes
- $140,000 Last Sold Price1 bed1 bath745 sq ft1121 University Blvd W Unit 809-B, Silver Spring, MD 20902(703) 354-3540List Price$150,000Sale to List7% under listDays on Market44 days1121 University Blvd W Unit 809-B, Silver Spring, MD 20902
- $415,900—beds2 baths1,567 sq ft1009 Roswell Dr, Silver Spring, MD 20901Days on Market—1009 Roswell Dr, Silver Spring, MD 20901
- $642,500 Last Sold Price4 beds2 baths1,752 sq ft203 Thistle Dr, Silver Spring, MD 20901(301) 881-9800List Price$599,900Sale to List7% over listDays on Market32 days203 Thistle Dr, Silver Spring, MD 20901
- $725,000 Last Sold Price3 beds3 baths2,340 sq ft610 Lamberton Dr, Silver Spring, MD 20902(301) 424-0900List Price$649,000Sale to List12% over listDays on Market31 days610 Lamberton Dr, Silver Spring, MD 20902
- $600,000 Last Sold Price4 beds3 baths2,064 sq ft11216 Bybee St, Silver Spring, MD 20902(301) 942-2560List Price$600,000Sale to List0% over listDays on Market31 days11216 Bybee St, Silver Spring, MD 20902
- $975,000 Last Sold Price5 beds3.5 baths3,366 sq ft12415 Kemp Mill Rd, Silver Spring, MD 20902(301) 652-0643List Price$995,000Sale to List2% under listDays on Market12 days12415 Kemp Mill Rd, Silver Spring, MD 20902
- $622,082 Last Sold Price4 beds2.5 baths1,704 sq ft1000 N Belgrade Rd, Silver Spring, MD 20902(301) 424-0900List Price$585,000Sale to List6% over listDays on Market27 days1000 N Belgrade Rd, Silver Spring, MD 20902
- $160,000 Last Sold Price1 bed1 bath776 sq ft1111 University Blvd W Unit 1110-A, Silver Spring, MD 20902(855) 450-0442List Price$160,000Sale to List0% over listDays on Market26 days1111 University Blvd W Unit 1110-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 | 721 Students | 9 reviews |
2/10 Kemp Mill Elementary School Public • PreK-5 | 491 Students | 15 reviews |
NR McPs Transitions School Public • N/A | 57 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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