The Summerfield housing market is very competitive. The median sale price of a home in Summerfield was $338K last month, up 0.6% since last year. The median sale price per square foot in Summerfield is $241, up 8.3% since last year.
What is the housing market like in Summerfield today?
In March 2024, Summerfield home prices were up 0.6% compared to last year, selling for a median price of $338K. On average, homes in Summerfield sell after 49 days on the market compared to 53 days last year. There were 5 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$338,000
+0.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Summerfield, MD
$338,000
+0.6%
United States
To compare other locations to the Summerfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Summerfield 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 Summerfield housing market?
Summerfield is very competitive. Homes sell in 27 days.
0
100
77
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 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 27 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 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 Summerfield
Explore recent offers and recently sold homes in Summerfield
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$400K Offer
Sold for $425K
4bd | 2.5ba | ~1,750sqft
Over List Price
2%
Days on Market
11
Competing Offers
7
Down Payment
—
Shelby Weaver
Summerfield Redfin Agent
adding the home inspection hurt my buyer's chance of winning.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Thomas G. Pullen School
Public • K-8 • Choice school
744
Students
17 reviews
5/10
William Paca Elementary School
Public • PreK-5
561
Students
5 reviews
5/10
Judith P. Hoyer Montessori School
Public • PreK-8 • Choice school
377
Students
7 reviews
3/10
Columbia Park Elementary School
Public • PreK-6
540
Students
7 reviews
2/10
Cora L. Rice Elementary School
Public • PreK-5
667
Students
9 reviews
Only showing 5 of
9 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 Summerfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Summerfield.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Summerfield has a moderate risk of flooding. 225 properties in Summerfield are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Summerfield. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Summerfield has a moderate risk of wildfire. There are 340 properties in Summerfield that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Summerfield.
77% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Summerfield has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Summerfield is most at risk from hurricanes. 2,675 properties in Summerfield 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 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.