Redland, MD Housing Market
The Redland housing market is very competitive. The median sale price of a home in Redland was $568K last month, up 21.5% since last year. The median sale price per square foot in Redland is $261, up 3.2% since last year.
Redland Housing Market Trends
In March 2024, Redland home prices were up 21.5% compared to last year, selling for a median price of $568K. On average, homes in Redland sell after 19 days on the market compared to 21 days last year. There were 11 homes sold in March this year, down from 12 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Redland 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 17 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 3% above list price and go pending in around 14 days.
- Hot homescan sell for about 7% 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 3% above list price and go pending in around 18 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
Redland Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Redland from outside metros.
- New York homebuyers searched to move into Redland more than any other metro followed by Atlanta and Hartford.
- 81% of Redland homebuyers searched to stay within the Redland metropolitan area.
- Salisbury was the most popular destination among Redland 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 Redland
Recent offers
- Offer Not Accepted|5 Weeks Ago~$350K OfferSold for $400K4 bd | 1 ba | ~1,250 sqftOver List Price0%Days on Market6Competing Offers4Down Payment~30%
- Offer Not Accepted|7 Weeks Ago~$450K OfferSold for $450K4 bd | 3.5 ba | ~1,750 sqftOver List Price1%Days on Market5Competing Offers7Down Payment—
View houses in Redland that sold recently
Recently sold homes
- $696,000 Last Sold Price4 beds2.5 baths2,488 sq ft17509 Beauvoir Blvd, Derwood, MD 20855(301) 424-0900List Price$659,000Sale to List6% over listDays on Market41 days17509 Beauvoir Blvd, Derwood, MD 20855
- $726,177 Last Sold Price4 beds3.5 baths2,310 sq ft7633 Tarpley Dr, Derwood, MD 20855(866) 708-7512List Price$675,000Sale to List8% over listDays on Market20 days7633 Tarpley Dr, Derwood, MD 20855
- $234,900 Last Sold Price2 beds2 baths1,126 sq ft7906 Pearlbush Dr #203, Gaithersburg, MD 20879(301) 793-3614List Price$234,900Sale to List0% over listDays on Market37 days7906 Pearlbush Dr #203, Gaithersburg, MD 20879
- $412,990 Last Sold Price3 beds3.5 baths1,218 sq ft7 Ivy Oak Ct, Gaithersburg, MD 20877(301) 469-4700List Price$388,000Sale to List6% over listDays on Market36 days7 Ivy Oak Ct, Gaithersburg, MD 20877
- $400,000 Last Sold Price4 beds1 bath1,296 sq ft17700 Woodwards Store Rd, Gaithersburg, MD 20877List Price$350,000Sale to List14% over listDays on Market36 days17700 Woodwards Store Rd, Gaithersburg, MD 20877
- $490,000—beds3 baths1,520 sq ft7617 Quincewood Ct, Derwood, MD 20855Days on Market—7617 Quincewood Ct, Derwood, MD 20855
- $360,000 Last Sold Price3 beds2.5 baths1,116 sq ft17766 Larchmont Ter, Gaithersburg, MD 20877(888) 860-7369List Price$350,000Sale to List3% over listDays on Market38 days17766 Larchmont Ter, Gaithersburg, MD 20877
- $531,000 Last Sold Price4 beds3.5 baths2,592 sq ft7833 Miller Fall Rd, Derwood, MD 20855(301) 652-0400List Price$549,000Sale to List3% under listDays on Market21 days7833 Miller Fall Rd, Derwood, MD 20855
See all recently sold homes in Redland.
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Schools in Redland
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Candlewood Elementary School Public • PreK-5 | 367 Students | 15 reviews |
7/10 Mill Creek Towne Elementary School Public • PreK-5 | 464 Students | 7 reviews |
6/10 Sequoyah Elementary School Public • PreK-5 | 389 Students | 17 reviews |
3/10 Flower Hill Elementary School Public • PreK-5 | 456 Students | 2 reviews |
Climate's impact on Redland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Redland.
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 Redland
Walk Score®
Transit Score®
Bike Score®
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