The 20688 housing market is very competitive. The median sale price of a home in 20688 was $535K last month, up 16.3% since last year. The median sale price per square foot in 20688 is $191, down 43.6% since last year.
In March 2024, 20688 home prices were up 16.3% compared to last year, selling for a median price of $535K. On average, homes in 20688 sell after 31 days on the market compared to 41 days last year. There were 7 homes sold in March this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$534,900
+16.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20688, MD
$534,900
+16.3%
United States
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How hot is the 20688 housing market?
20688 is very competitive. Homes sell in 38 days.
0
100
73
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 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 20688 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20688.
Risk Factor
Flood Factor - Severe
34% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20688 has a severe risk of flooding. 137 properties in 20688 are likely to be
severely affected
by flooding over the next 30 years. This represents 34% of all properties in 20688. Flood risk is increasing faster than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
20688 has a moderate risk of wildfire. There are 206 properties in 20688 that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in 20688.
98% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
20688 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20688 is most at risk from hurricanes. 831 properties in 20688 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 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 137 mph.