The Monmouth Meadows housing market is very competitive. The median sale price of a home in Monmouth Meadows was $415K last month, down 11.2% since last year. The median sale price per square foot in Monmouth Meadows is $187, up 1.4% since last year.
What is the housing market like in Monmouth Meadows today?
In October 2024, Monmouth Meadows home prices were down 11.2% compared to last year, selling for a median price of $415K. On average, homes in Monmouth Meadows sell after 38 days on the market compared to 3 days last year. There were 1 homes sold in October this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$415,000
-11.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Monmouth Meadows, MD
$415,000
-11.2%
United States
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How hot is the Monmouth Meadows housing market?
Monmouth Meadows is very competitive. Homes sell in 8 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 12 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 8 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 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 Monmouth Meadows housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monmouth Meadows.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monmouth Meadows has a minor risk of flooding. 3 properties in Monmouth Meadows are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Monmouth Meadows. Flood risk is increasing slower than the national average.
43% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monmouth Meadows has a moderate risk of wildfire. There are 217 properties in Monmouth Meadows that have some risk of being affected by wildfire over the next 30 years. This represents 43% of all properties in Monmouth Meadows.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Monmouth Meadows has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monmouth Meadows is most at risk from hurricanes. 494 properties in Monmouth Meadows 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Monmouth Meadows has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Monmouth Meadows have a Severe Heat Factor®.
Monmouth Meadows is expected to see a 128% increase in the number of days over 104ºF over the next 30 years. Monmouth Meadows is expected to experience 8