20603 Zip Code Real Estate Market Sees Sales Fall

Home sales in the 20603 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 21.3% to 37 homes sold over the last 30 days. Meanwhile, the 20744 zip code reported 47 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 20603 zip code, with the median for this period rising from $299,900 to $310,000. There are only three months of inventory available in the 20603 zip code, so it's a seller's market, even with the decrease in sales.

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Demographic facts for the 20603 zip code:

  • This area has a total of 9,904 households.
  • The unemployment rate is 5.3%.
  • The average expenditures for each student in the area is $5,460. ($5,691 = national average)

Data reported through 1/11/2017

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RE/MAX United Real Estate
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Keller Williams Flagship of Maryland
Snapped 3 homes in this area
Samson Properties
Snapped 1 home in this area

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