The Overlea housing market is somewhat competitive. The median sale price of a home in Overlea was $360K last month, up 8.3% since last year. The median sale price per square foot in Overlea is $263, up 39.2% since last year.
In March 2024, Overlea home prices were up 8.3% compared to last year, selling for a median price of $360K. On average, homes in Overlea sell after 50 days on the market compared to 109 days last year. There were 3 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
+8.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Overlea, MD
$360,000
+8.3%
United States
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How hot is the Overlea housing market?
Overlea is somewhat competitive. Homes sell in 30 days.
0
100
36
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 30 days.
Hot homes
can sell for about 5% above list price and go pending in around 6 days.
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 Overlea housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Overlea.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Overlea has a moderate risk of flooding. 533 properties in Overlea are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Overlea. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Overlea has a minor risk of wildfire. There are 159 properties in Overlea that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Overlea.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Overlea has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Overlea is most at risk from hurricanes. 5,606 properties in Overlea 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 91 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 105 mph.