20623 Zip Code Real Estate Market Continues Weakening in Contracts

The 20623 zip code market saw four homes go under contract, and failed to break out of an identifiable downward trend. The market had total home sales of five over the last 30 days, maintaining last week's pace. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $315,000 continued a four-week upswing. In spite of contracts trending lower, rising prices and a low two months of inventory signal that the 20623 zip code is still a definite seller's market.

If you are curious about the top homes in the 20623 zip code, check out these gorgeous listings:

$434K   $395K   $340K  

Get started right now by checking out 20623 homes for sale or reviewing 20623 real estate trends.

Demographic facts about the 20623 zip code:

  • The average elevation is 198 feet.
  • The area's median income per household is $98,939.
  • The student-to-counselor ratio is 349:1. (513:1 = national average)

Data reported through 1/11/2017

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