The 20878 housing market is most competitive. Homes in 20878 receive 5 offers on average and sell in around 17 days. The median sale price of a home in 20878 was $668K last month, down 7.9% since last year. The median sale price per square foot in 20878 is $310, up 5.1% since last year.
In March 2024, 20878 home prices were down 7.9% compared to last year, selling for a median price of $668K. On average, homes in 20878 sell after 17 days on the market compared to 23 days last year. There were 106 homes sold in March this year, down from 110 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$667,500
-7.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20878, MD
$667,500
-7.9%
United States
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How hot is the 20878 housing market?
20878 is most competitive. Homes sell in 15 days.
0
100
92
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 15 days.
Hot homes
can sell for about 7% above list price and go pending in around 4 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 20878 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20878.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20878 has a moderate risk of flooding. 970 properties in 20878 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 20878. Flood risk is increasing slower than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
20878 has a moderate risk of wildfire. There are 8,517 properties in 20878 that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in 20878.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
20878 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20878 is most at risk from hurricanes. 18,689 properties in 20878 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 76 mph.