The Herald Harbor on the Severn housing market is somewhat competitive. The median sale price of a home in Herald Harbor on the Severn was $481K last month, down 33.7% since last year. The median sale price per square foot in Herald Harbor on the Severn is $324, up 16.3% since last year.
What is the housing market like in Herald Harbor on the Severn today?
In October 2024, Herald Harbor on the Severn home prices were down 33.7% compared to last year, selling for a median price of $481K. On average, homes in Herald Harbor on the Severn sell after 17 days on the market compared to 26 days last year. There were 6 homes sold in October this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$481,000
-33.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Herald Harbor on the Severn, MD
$481,000
-33.7%
United States
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How hot is the Herald Harbor on the Severn housing market?
Herald Harbor on the Severn is somewhat competitive. Homes sell in 32 days.
0
100
68
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 32 days.
Hot homes
can sell for about 3% above list price and go pending in around 3 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.3%
+0.01 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Herald Harbor on the Severn, MD
100.3%
+0.01 pt
United States
View houses in Herald Harbor on the Severn that sold recently
Learn about schools in the Herald Harbor on the Severn area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Herald Harbor on the Severn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Herald Harbor on the Severn.
Flood Factor - Moderate
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Herald Harbor on the Severn has a moderate risk of flooding. 243 properties in Herald Harbor on the Severn are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Herald Harbor on the Severn. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Herald Harbor on the Severn has a moderate risk of wildfire. There are 1,443 properties in Herald Harbor on the Severn that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Herald Harbor on the Severn.
95% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Herald Harbor on the Severn has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Herald Harbor on the Severn is most at risk from hurricanes. 1,391 properties in Herald Harbor on the Severn 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 114 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 131 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Herald Harbor on the Severn has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Herald Harbor on the Severn have a Severe Heat Factor®.
Herald Harbor on the Severn is expected to see a 114% increase in the number of days over 104ºF over the next 30 years. Herald Harbor on the Severn is expected to experience 7