The Wheaton housing market is very competitive. The median sale price of a home in Wheaton was $518K last month, up 12.1% since last year. The median sale price per square foot in Wheaton is $341, up 10.4% since last year.
In March 2024, Wheaton home prices were up 12.1% compared to last year, selling for a median price of $518K. On average, homes in Wheaton sell after 6 days on the market compared to 34 days last year. There were 24 homes sold in March this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$517,500
+12.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Wheaton, MD
$517,500
+12.1%
United States
To compare other locations to the Wheaton and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wheaton add value to a home.
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How hot is the Wheaton housing market?
Wheaton is very competitive. Homes sell in 13 days.
0
100
87
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 13 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 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 Wheaton
Explore recent offers and recently sold homes in Wheaton
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Garrett Park Elementary School
Public • PreK-5
798
Students
27 reviews
6/10
Highland Elementary School
Public • PreK-5
548
Students
6 reviews
5/10
Wheaton Woods Elementary School
Public • PreK-5
522
Students
2 reviews
5/10
Oakland Terrace Elementary School
Public • PreK-5
490
Students
9 reviews
4/10
Arcola Elementary School
Public • PreK-5
732
Students
14 reviews
Only showing 5 of
15 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 Wheaton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Wheaton.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wheaton has a moderate risk of flooding. 1,144 properties in Wheaton are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Wheaton. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wheaton has a moderate risk of wildfire. There are 827 properties in Wheaton that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Wheaton.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Wheaton has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wheaton is most at risk from hurricanes. 12,363 properties in Wheaton 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.