20744 Zip Code Real Estate Market Sees Home Sales Decline

The 20744 zip code market pulled back with a 21.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 49.0 monthly average with 47 homes sold. On the other hand, the close-by 22314 zip code registered 57 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $279,000, up from last week's $272,575. There are only three months of inventory available in the 20744 zip code, so it's a seller's market, even with the decrease in sales.

If you're looking for a more established home, then be sure to see these listings in the 20744 zip code that were built before most others in the market:

$320K   $229K   $112K  

Get started right now by checking out 20744 homes for sale or reviewing 20744 real estate trends.

Demographic facts about the 20744 zip code:

  • This area has a total of 18,394 households.
  • This area has an unemployment rate of 6.5%.
  • Schools spend an average of $5,731 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

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RE/MAX United Real Estate
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