New Downward Trend in Contracts for 20674 Zip Code Real Estate Market

The 20674 zip code market saw one home go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to one over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 20674 zip code, and this period the median price of all sales fell from $604,950 to $500,000. The 20674 zip code is a strong buyer's market, due to a downward trend in contracts numbers and 12 months of inventory remaining.

Trying to find a home in the 20674 zip code that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$725K   $449K   $750K  

Get started right now by checking out 20674 homes for sale or reviewing 20674 real estate trends.

Demographic facts about the 20674 zip code:

  • This area has an affordability rating of 46. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 43.9 inches per year. (U.S. average: 36.5)
  • The area's income per capita is $39,140.
  • The area's school rating is 70. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
RE/MAX One
Snapped 2 homes in this area
O Brien Realty
Snapped 2 homes in this area

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