Home Sales Down in 20794 Zip Code Real Estate Market

The 20794 zip code market pulled back with a 16.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (15.2) with 21 homes sold. On the other hand, the close-by 21113 zip code registered 57 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $270,000 over the latest reporting period for the 20794 zip code, down from $284,000. In spite of the decrease in sales, a low three months of inventory signals that the 20794 zip code is a seller's market.

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Demographic facts about the 20794 zip code:

  • The total number of vacant homes in the area is 5.1%.
  • This area usually gets 213 sunny days each year. (U.S. average: 205)
  • Job market growth came in at 1.29% last year.
  • For every librarian there are 302 students in this area. (803 = national average)

Data reported through 10/12/2016

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