The 20607 housing market is somewhat competitive. Homes in 20607 receive 2 offers on average and sell in around 71.5 days. The median sale price of a home in 20607 was $521K last month, up 5.3% since last year. The median sale price per square foot in 20607 is $206, up 9.9% since last year.
In March 2024, 20607 home prices were up 5.3% compared to last year, selling for a median price of $521K. On average, homes in 20607 sell after 72 days on the market compared to 45 days last year. There were 47 homes sold in March this year, up from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$521,000
+5.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20607, MD
$521,000
+5.3%
United States
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How hot is the 20607 housing market?
20607 is somewhat competitive. Homes sell in 43.5 days.
0
100
60
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 15 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20607, MD
101.1%
+1.6 pt
United States
Home offer insights for 20607
Explore recent offers and recently sold homes in 20607
Recent offers
Offer Not Accepted|
10 Weeks Ago
~$500K Offer
Sold for $500K
4bd | 3.5ba | ~2,500sqft
Over List Price
0%
Days on Market
4
Competing Offers
3
Down Payment
—
Rob Wittman
20607 Redfin Agent
Our Offer came in 3rd out of 4 with an offer $15,000 over asking and waiving our inspection contingency. The buyers were well qualified with a loan approval in hand. …
More
Offer Not Accepted|
12 Weeks Ago
~$500K Offer
Sold for $550K
4bd | 3.5ba | ~2,250sqft
Under List Price
8%
Days on Market
57
Competing Offers
2
Down Payment
—
Rob Wittman
20607 Redfin Agent
Our offer was reflective of the market and the amount of time the home had been on the market. There was some unpermitted work in the lower level - accordingly we wrote an offer, and received a counter offer though the seller received an offer that exceeded our price. …
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Climate's impact on 20607 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20607.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20607 has a moderate risk of flooding. 414 properties in 20607 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 20607. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
20607 has a moderate risk of wildfire. There are 4,988 properties in 20607 that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in 20607.
76% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
20607 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20607 is most at risk from hurricanes. 4,584 properties in 20607 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 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.