The McElderry Park housing market is somewhat competitive. The median sale price of a home in McElderry Park was $130K last month, up 3.6% since last year. The median sale price per square foot in McElderry Park is $166, up 9.9% since last year.
What is the housing market like in McElderry Park today?
In March 2024, McElderry Park home prices were up 3.6% compared to last year, selling for a median price of $130K. On average, homes in McElderry Park sell after 35 days on the market compared to 50 days last year. There were 21 homes sold in March this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$130,000
+3.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
McElderry Park, MD
$130,000
+3.6%
United States
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How hot is the McElderry Park housing market?
McElderry Park is somewhat competitive. Homes sell in 29 days.
0
100
67
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 29 days.
Hot homes
can sell for about 11% above list price and go pending in around 8 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 McElderry Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in McElderry Park.
Risk Factor
Flood Factor - Moderate
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
McElderry Park has a moderate risk of flooding. 327 properties in McElderry Park are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in McElderry Park. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
McElderry Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. McElderry Park is most at risk from hurricanes. 1,818 properties in McElderry 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.