20854 Zip Code Real Estate Market Extends Downward Trend in Home Sales

Despite a 6.5% jump in sales numbers this week to reach 33 homes sold over the last 30 days, the 20854 zip code market still shows an identifiable trend downward overall. While sales numbers fell, prices dropped as well. This week's reported median sales price of $780,000 continued an eight-week downward trend. The 20854 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in the 20854 zip code:

$325K   $435K   $479K  

Get started right now by checking out 20854 homes for sale or reviewing 20854 real estate trends.

Demographic facts for the 20854 zip code:

  • The median value of all homes in the area is $805,000.
  • The area gets 100 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 4.7%.
  • For every teacher there are 16.5 students in this area. (15.3 = national average)

Data reported through 10/12/2016


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