The 20716 housing market is very competitive. Homes in 20716 receive 2 offers on average and sell in around 31 days. The median sale price of a home in 20716 was $512K last month, up 2.7% since last year. The median sale price per square foot in 20716 is $260, up 6.6% since last year.
In February 2025, 20716 home prices were up 2.7% compared to last year, selling for a median price of $512K. On average, homes in 20716 sell after 31 days on the market compared to 36 days last year. There were 118 homes sold in February this year, up from 90 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$512,288
+2.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
20716, MD
$512,288
+2.7%
United States
To compare other locations to the 20716 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Maryland add value to a home.
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Work with the best agents in 20716
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How hot is the 20716 housing market?
20716 is very competitive. Homes sell in 27 days.
0
100
86
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 27 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
20716, MD
100.7%
+0.6 pt
United States
Home offer insights for 20716
Explore recent offers and recently sold homes in 20716
Recent offers
Winning Offer|
9 Weeks Ago
~$350K Offer
2bd | 2ba | ~1,000sqft
Over List Price
0%
Days on Market
5
Competing Offers
0
Down Payment
—
Nadia Lynn Powell
20716 Redfin Agent
My savvy investor decided it was time to buy before prices rise any higher. We offered list price but were able to negotiate 15K towards closing help after discovering the home needed a number of repairs during the inspection period, My buyer couldn't be more happier with his investment purchase. …
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 20716 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20716.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20716 has a minor risk of flooding. 437 properties in 20716 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 20716. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
20716 has a moderate risk of wildfire. There are 7,627 properties in 20716 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 20716.
85% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
20716 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20716 is most at risk from hurricanes. 6,500 properties in 20716 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.