The 20850 housing market is very competitive. Homes in 20850 receive 3 offers on average and sell in around 28 days. The median sale price of a home in 20850 was $735K last month, up 15.9% since last year. The median sale price per square foot in 20850 is $331, up 2.5% since last year.
In December 2024, 20850 home prices were up 15.9% compared to last year, selling for a median price of $735K. On average, homes in 20850 sell after 28 days on the market compared to 21 days last year. There were 121 homes sold in December this year, up from 102 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$735,140
+15.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
20850, MD
$735,140
+15.9%
United States
To compare other locations to the 20850 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 20850
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 20850 housing market?
20850 is very competitive. Homes sell in 26 days.
0
100
85
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 about 1% above list price and go pending in around 26 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
20850, MD
101.4%
+0.3 pt
United States
Home offer insights for 20850
Explore recent offers and recently sold homes in 20850
Recent offers
Winning Offer|
11 Weeks Ago
~$300K Offer
2bd | 1.5ba | ~1,000sqft
Under List Price
2%
Days on Market
5
Competing Offers
1
Down Payment
—
Lisa Greaves
20850 Redfin Agent
We got it under the asking price, even though it was only 5 days on the market. Super tight inspection deadline and quick close helped seal the deal. We closed in 13 business days! Condo loans can take longer to complete, but working with Bay Equity & Title Forward, we were able to close on time, even though there were TWO last minute issues that came up the week of closing, one with the condo association which Bay Equity handled, and one with the seller's previous loan, which Title Forward handled.…
More
Offer Not Accepted|
8 Weeks Ago
~$400K Offer
Sold for $425K
3bd | 2ba | ~1,500sqft
Under List Price
5%
Days on Market
13
Competing Offers
2
Down Payment
~50%
Lisa Greaves
20850 Redfin Agent
The condo had been on the market 11 days, but had 2 other offers. We offered 95% of list price and full contingencies, regular 30-day close. The winning offer was higher, with a shorter close date.…
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 20850 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20850.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20850 has a minor risk of flooding. 816 properties in 20850 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 20850. Flood risk is increasing slower than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
20850 has a moderate risk of wildfire. There are 1,607 properties in 20850 that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in 20850.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
20850 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20850 is most at risk from hurricanes. 12,380 properties in 20850 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.