New Upward Trend in Home Prices for Jessup Real Estate Market

The Jessup market broke below its 12-month average sales volume this week as sales slid 50.0% to hit one home sold over the last 30 days. Within the same time frame, Columbia had 99 sales, the most of all cities in the area. The median sales price has been increasing as it hit $541,440, extending an eight-week long spike. Along with the slip in sales, a relatively high 13 months of inventory indicates that Jessup is a strong buyer's market.

If you want to see the best homes Jessup has to offer, check out these impressive listings:

$599K   $479K   $387K  

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

Demographic facts about Jessup:

  • This area has a median house value of $263,900.
  • The area gets an average of 109 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 5.8%.
  • The students per teacher ratio in this area is 15.8:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Centre
103 reviews
EXIT Right Realty
Snapped 2 homes in this area
ExecuHome Realty
Snapped 2 homes in this area

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