20164 Zip Code Real Estate Market Continues Downward Trend in Contracts

Sales fell to 31 homes sold in the 20164 zip code market over the last 30 days. Furthermore, a determined downturn in the number of pending transactions continued, with 32 completed in the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price dropped to $350,500, down from last week's $369,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that the 20164 zip code is a still definite seller's market.

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$589K   $629K   $364K  

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Demographic facts about the 20164 zip code:

  • 23.5% of the people in this area are renters.
  • This area has a job growth projection of 40.6% for the next 10 years.
  • The student per librarian ratio in this area is 124:1. (803:1 = national average)

Data reported through 1/12/2017

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Ask a local expert about this area:
Summit Realtors
Snapped 2 homes in this area
Keller Williams Realty
Snapped 8 homes in this area
Spring Hill Real Estate, LLC.
Snapped 2 homes in this area

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