20194 Zip Code Real Estate Market Continues Expansion in Price Cuts

The number of price cuts in the 20194 zip code market climbed to 30 over the last 30 days, furthering a solid positive trend. Perhaps due to the decreases in list prices, sales increased to 20 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $545,000, down from last week's $555,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 20194 zip code is a seller's market.

With sizeable price reductions to these listings in the 20194 zip code, now is a prime opportunity to see them:

$899K   $849K   $1.2M  

Get started right now by checking out 20194 homes for sale or reviewing 20194 real estate trends.

Demographic facts about the 20194 zip code:

  • The average elevation is 423 feet.
  • The median income per household is $123,922 in the area.
  • There are 274 students for every counselor. (513 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Capital Properties
47 reviews
Weichert, REALTORS
Snapped 7 homes in this area
Advon Real Estate, LLC
Snapped 2 homes in this area

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