Mount Rainier, MD Home Values & Market Trends

Real estate market trends reflect that there have been 46 transactions over the past year in Mount Rainier. The median value for residential home transactions that occurred over the previous year is $489,374. The number of current listings in Mount Rainier is 78, and the percentage of properties for sale in the city is 78.00%. Mount Rainier, MD currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 78 properties for sale.

Mount Rainier, MD Real Estate Market Overview

ZipMedian Est. Value
20712

$ 489,374

$ 348/sqft

Housing Market Summary for Mount Rainier, MD

Sep 2025September 2026Change
Median Listing Price$499.4K$499.9K0.09%
Median Sold Price$412.4K$400.3K-2.93%
Homes For Sale507856.00%
Homes Sold1511-26.67%
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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%.

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Browse Homes in Mount Rainier, MD

Mount Rainier home values range from $149,218 to $744,725. The median estimated value of a home in Mount Rainier is $489,374. The median list price of a home is 499,900, and the total count of properties in the city is 93.

Foreclosure
There is 1 zips within Mount Rainier, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $549,000 in 20712 to the lowest value of $536,388 in 20712. Foreclosure homes account for 2.00% of properties in Mount Rainier, MD with 20712 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mount Rainier, MD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Rainier, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mount Rainier, MD ranges from the highest value of $536,388 in 20712 to the lowest value of $536,388 in 20712. Bank owned homes and properties account for 1.08% of properties in Mount Rainier, MD. There is 1 zips within Mount Rainier, MD; 20712 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20712 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Rainier, MD. Auction homes and other auction properties account for 1.08% of all properties in Mount Rainier, MD. There is 1 zips within Mount Rainier, MD; of that zips, the median estimated home value for homes going to auction ranges from $549,000 in 20712 to the lowest value of $549,000 in 20712.
Homes for Sale
Homes and properties that are actively listed for sale account for 83.87% of residential properties in Mount Rainier, MD with 20712 containing 78 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mount Rainier, MD; homes for sale in that zips, have a range of median values from $744,725 in 20712 to the lowest value of $240,000 in 20712.
    Sold Homes
    The median value for recently sold homes ranges from $738,917 in 20712 to the lowest price of $149,218 in 20712. There is 1 zips within Mount Rainier, MD. 20712 has 11 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 11.83% of properties in Mount Rainier, MD.

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      Guide for Mount Rainier, MD

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.