20861 Zip Code Real Estate Market Continues Weakening in Home Sales

A six-week rough patch for the overall sales trend continues in the 20861 zip code market, with the number of sales staying even at one over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. As sales trended lower, prices have been increasing. The median sales price hit $1,200,000, extending an eight-week long spike. Even with prices on the rise, the downturn in sales and the availability of 11 months of inventory prove that the 20861 zip code is still a solid buyer's market.

If you aren't worried about the price tag of your dream home, these listings are the best the 20861 zip code has to offer:

$3.5M   $3.5M   $1.4M  

Get started right now by checking out 20861 homes for sale or reviewing 20861 real estate trends.

Demographic facts about the 20861 zip code:

  • The population growth rating is 61. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $12.02/$1,000.
  • The area's commuter length breakdown is: <15 min (16.5%), 15-29 min (27.9%), 30-44 min (31.8%), 45-59 min (12.7%), >60 min (11.1%).

Data reported through 10/12/2016

Comments:

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Century 21 New Millennium
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Coldwell Banker Residential Brokerage
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RE/MAX Town Center
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