$253,000
2505 Baltimore Rd Unit 2505-6
Aspen Hill, MD
2 bd1 ba1,085 sqft$233/ft²
Condo
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Aspen Hill, MD Housing Market
Seller's market+1.2% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $627,500, +1.2% year over year (through May 2026). With 2.2 months of supply and homes going under contract in about 15 days, Aspen Hill is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $627,500 home is about $3,350/mo in principal and interest.
Key numbers for Aspen Hill, MD
Median sale price
$627,500
+1.2% year over year
Redfin, through May 2026
Days on market
15
Fast-moving
Redfin, through May 2026
Active listings
86
2.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$109,026
Home costs 5.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.3%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Aspen Hill a buyer's or seller's market?
Seller's market2.2 months of supply15 days on market101.3% of asking
Aspen Hill, MD is a seller's market, based on 2.2 months of supply and homes selling in about 15 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Aspen Hill housing market data show?
Every row below is Redfin's final published month for Aspen Hill, MD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $627,500 |
| Median list price | $595,000 |
| Year-over-year price change | +1.2% |
| Median price per sq ft | $304/sq ft |
| Median days on market | 15 days |
| Active inventory | 86 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 101.3% |
| Homes sold (that month) | 40 |
| New listings (that month) | 59 |
| Listings with a price cut | 30.2% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Aspen Hill is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Aspen Hill is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Aspen Hill home prices moved?
Over the last three years the median sale price in Aspen Hill, MD rose 15.1%, from $545,000 to $627,500. 30.2% of Aspen Hill listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.2 months while the sale-to-list ratio slips below its current 101.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Aspen Hill?
Priced off the median sale price of $627,500 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $125,500 | $502,000 | $3,350/mo |
| 5% | $31,375 | $596,125 | $3,978/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,350, that implies roughly $143,569 a year before you add taxes and insurance. The median household in Aspen Hill earns $109,026, about $34,543 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Aspen Hill in the next 12 months?
Tell us your timeline. We send the Aspen Hill market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Aspen Hill?
Zillow does not publish a rent index (ZORI) for Aspen Hill, MD, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Aspen Hill?
Active listings in Aspen Hill, MD went from 72 in May 2025 to 86 in May 2026, a +19.4% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 59 | 32 |
| July 2025 | 58 | 30 |
| August 2025 | 57 | 34 |
| September 2025 | 73 | 51 |
| October 2025 | 59 | 39 |
| November 2025 | 58 | 21 |
| December 2025 | 51 | 23 |
| January 2026 | 45 | 15 |
| February 2026 | 45 | 26 |
| March 2026 | 66 | 49 |
| April 2026 | 71 | 56 |
| May 2026 | 86 | 59 |
Redfin, through May 2026
How does Aspen Hill compare to Maryland and the U.S.?
Aspen Hill homes sell for $627,500 — 31% above the Maryland median of $477,300. Against the national median of $410,700, Aspen Hill runs 53% higher. Year-over-year, Aspen Hill moved +1.2% against Maryland's +5.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Aspen Hill, MD | $627,500 | +1.2% | 15 days |
| Maryland statewide | $477,300 | +5.5% | 34 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Aspen Hill
What buyers should watch
- Months of supply, currently 2.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 30.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $628 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $627,500 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Aspen Hill listing goes under contract in 15 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Aspen Hill added 59 new listings against 40 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Aspen Hill varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Aspen Hill
There are currently 86 homes listed for sale in Aspen Hill, Maryland. The median listing price is $595K. Featured listings range from $253,000 to $975,000.
$255,000
3822 Bel Pre Rd Unit 3822-3
Aspen Hill, MD
3 bd2 ba1,166 sqft$219/ft²
Condo
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$365,000
3912 Chesterwood Dr Unit 3912
Aspen Hill, MD
2 bd2 ba1,358 sqft$269/ft²
Condo
View photos & details
$595,000
13018 Saint Charles Pl
Aspen Hill, MD
3 bd2 ba1,506 sqft$395/ft²
House9,418 sqft lot
View photos & details
$599,000
13712 Marianna Dr
Aspen Hill, MD
3 bd3 ba1,649 sqft$363/ft²
House13,785 sqft lot
View photos & details
$645,000
13413 Oriental Ct
Aspen Hill, MD
5 bd3 ba1,712 sqft$377/ft²
House14,229 sqft lot
View photos & details
$669,900
3221 Beret Ln
Aspen Hill, MD
4 bd3 ba2,228 sqft$301/ft²
House15,776 sqft lot
View photos & details
$684,999
13911 Castaway Dr
Aspen Hill, MD
5 bd3 ba2,616 sqft$262/ft²
House10,371 sqft lot
View photos & details
$699,000
13801 Lionel Ln
Aspen Hill, MD
5 bd2 ba1,143 sqft$612/ft²
House10,732 sqft lot
View photos & details
$749,900
2800 Gunarette Way
Aspen Hill, MD
4 bd3 ba2,254 sqft$333/ft²
House14,939 sqft lot
View photos & details
$869,000
4205 Norbeck Rd
Aspen Hill, MD
4 bd3 ba3,400 sqft$256/ft²
House15,682 sqft lot
View photos & details
$975,000
14900 Westbury Rd
Aspen Hill, MD
5 bd4 ba4,136 sqft$236/ft²
House23,522 sqft lot
View photos & details
Looking to buy in Aspen Hill?
Get connected with a local real estate expert — free, no obligation.
Active listings
86
Homes on market
Median list price
$595K
Avg. days on market
15
Days until sale
New this week
59
Newly listed
Price drops:30.2%of listings
Sale-to-list:101.3%
How much do homes cost in Aspen Hill by property type?
How the Aspen Hill, MD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $659,950 | $309/sq ft | 30 | 10 days |
| Condo / co-op | $245,000 | $238/sq ft | 8 | 41 days |
| Townhouse | $479,975 | $371/sq ft | 2 | 56 days |
Who lives in Aspen Hill?
American Community Survey estimates for Aspen Hill. U.S. Census ACS, 2023
Population
53,752
Households
17,425
Median income
$109,026/yr
Median age
37.6 years
Owner-occupied
64.4%
Median home value
$538,000
Median gross rent
$1,925/mo
Mean commute
33.8 min
64.4% of occupied homes in Aspen Hill are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Aspen Hill, MD?
Ordered by distance from Aspen Hill, not by size. Compare Aspen Hill side by side with any of them.
Aspen Hill housing market FAQ
Is Aspen Hill a buyer's or seller's market?
Aspen Hill, MD is currently a seller's market. That read comes from 2.2 months of supply, homes going under contract in about 15 days, and sellers getting 101.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Aspen Hill?
The median sale price in the last month Redfin published was $627,500, about $304 per square foot.
Is Aspen Hill cheaper than the rest of Maryland?
Aspen Hill's median sale price of $627,500 is 31% higher than the Maryland statewide median of $477,300, and 53% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Aspen Hill?
Homes in Aspen Hill, MD spent a median of 15 days on market before going under contract, versus 34 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Aspen Hill?
At the current 30-year fixed rate of 7.03%, 20% down on a $627,500 home is about $3,350 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $143,569 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $109,026.
Are home prices rising in Aspen Hill?
Redfin's last published year-over-year change for Aspen Hill, MD was +1.2%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Aspen Hill?
Aspen Hill ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Aspen Hill?
That depends on your timeline, not on a headline. What the data says today: Aspen Hill, MD is a seller's market with 2.2 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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