20197 Zip Code Real Estate Market Sees Sales Decline

The 20197 zip code market slowed this week but was still better than normal as sales slid 20.0% to four homes sold over the last 30 days. Meanwhile, the 20176 zip code reported 74 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 20197 zip code, and for this period the median sales price slid from $678,500 to $562,110. Along with the slip in sales, a relatively high eight months of inventory indicates that the 20197 zip code is a strong buyer's market.

Any of these new listings in the 20197 zip code could be your dream home, so be sure to check them out:

$849K   $1.8M   $1.5M  

Get started right now by checking out 20197 homes for sale or reviewing 20197 real estate trends.

Demographic facts about the 20197 zip code:

  • The rating for this area for population growth is 99. (Scale: 1 = Worst, 100 = Best)
  • This area has 186.4 physicians per 100,000 people.
  • The health cost index score in this area is 104.2. (100 = national average)
  • The breakdown of residents commuting to work is 73.9% by car, 10.3% by carpool, and 4.4% by public transit.

Data reported through 10/12/2016

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RE/MAX Select Properties
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