The Morrell Park housing market is very competitive. The median sale price of a home in Morrell Park was $105K last month, down 6.3% since last year. The median sale price per square foot in Morrell Park is $86, up 8.9% since last year.
What is the housing market like in Morrell Park today?
In March 2024, Morrell Park home prices were down 6.3% compared to last year, selling for a median price of $105K. On average, homes in Morrell Park sell after 24 days on the market compared to 40 days last year. There were 13 homes sold in March this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$105,000
-6.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Morrell Park, MD
$105,000
-6.3%
United States
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How hot is the Morrell Park housing market?
Morrell Park is very competitive. Homes sell in 18 days.
0
100
80
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 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Morrell Park Elementary/middle School
Public • PreK-8 • Choice school
450
Students
10 reviews
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 Morrell Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morrell Park.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morrell Park has a moderate risk of flooding. 180 properties in Morrell Park are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Morrell Park. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morrell Park has a minor risk of wildfire. There are 3 properties in Morrell Park that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Morrell Park.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Morrell Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Morrell Park is most at risk from hurricanes. 1,925 properties in Morrell Park 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.