The 20720 housing market is very competitive. Homes in 20720 receive 2 offers on average and sell in around 29 days. The median sale price of a home in 20720 was $565K last month, down 5.8% since last year. The median sale price per square foot in 20720 is $226, up 18.6% since last year.
In October 2024, 20720 home prices were down 5.8% compared to last year, selling for a median price of $565K. On average, homes in 20720 sell after 29 days on the market compared to 32 days last year. There were 61 homes sold in October this year, down from 69 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$565,000
-5.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
20720, MD
$565,000
-5.8%
United States
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How hot is the 20720 housing market?
20720 is very competitive. Homes sell in 29 days.
0
100
79
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 29 days.
Hot homes
can sell for about 2% above list price and go pending in around 12 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 20720 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20720.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20720 has a minor risk of flooding. 412 properties in 20720 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 20720. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
20720 has a moderate risk of wildfire. There are 8,165 properties in 20720 that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in 20720.
51% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
20720 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20720 is most at risk from hurricanes. 4,562 properties in 20720 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 73 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.