Severna Park, MD Home Values & Market Trends
Real estate market trends reflect that there have been 294 transactions over the past year in Severna Park. The median value for residential home transactions that occurred over the previous year is $659,392.26. The number of current listings in Severna Park is 41, and the percentage of properties for sale in the city is 41.00%. Severna Park, MD currently has 7 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 41 properties for sale.
Severna Park, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21146 | $ 746,900 $ 284/sqft |
Housing Market Summary for Severna Park, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $614.9K | $690K | 12.22% |
| Median Sold Price | $630.3K | $690K | 9.49% |
| Homes For Sale | 37 | 37 | - |
| Homes Sold | 199 | 178 | -10.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Severna Park, MD
Browse Homes in Severna Park, MD
Severna Park home values range from $25,503 to $8,113,928. The median estimated value of a home in Severna Park is $659,392.26. The median list price of a home is 715,000, and the total count of properties in the city is 9,675.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Severna Park, MD with 21146 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Severna Park, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $710,589 in 21146 to the lowest home value of $406,310 in 21146.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Severna Park, MD ranges from the highest value of $527,946 in 21146 to the lowest value of $527,946 in 21146. Bank owned homes and properties account for 0.01% of properties in Severna Park, MD. There is 1 zips within Severna Park, MD; 21146 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21146 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Severna Park, MD. Auction homes and other auction properties account for 0.02% of all properties in Severna Park, MD. There is 1 zips within Severna Park, MD; of that zips, the median estimated home value for homes going to auction ranges from $512,793 in 21146 to the lowest value of $316,216 in 21146.
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Guide for Severna Park, MD
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