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Sarah Mitchell

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Compass Real Estate · Discovery-Spring Garden, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Discovery-Spring Garden, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Discovery-Spring Garden, MD Housing Market

Strong seller's market-4.9% YoY
Redfin, through April 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $425,000, -4.9% year over year (through May 2026). With 0.2 months of supply and homes going under contract in about 26 days, Discovery-Spring Garden is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $425,000 home is about $2,269/mo in principal and interest.

Key numbers for Discovery-Spring Garden, MD

Median sale price

$425,000

-4.9% year over year

Redfin, through April 2026

Days on market

26

Average pace

Redfin, through April 2026

Active listings

1

0.2 months of supply

Redfin, through April 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Sale-to-list ratio

103.1%

Selling above asking

Redfin, through April 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 Discovery-Spring Garden a buyer's or seller's market?

Strong seller's market0.2 months of supply26 days on market103.1% of asking

Discovery-Spring Garden, MD is a strong seller's market, based on 0.2 months of supply and homes selling in about 26 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Discovery-Spring Garden housing market data show?

Every row below is Redfin's final published month for Discovery-Spring Garden, MD. Redfin, through April 2026

Housing market statistics for Discovery-Spring Garden, MD, Redfin through May 2026
MetricValue
Median sale price$425,000
Median list price$349,900
Year-over-year price change-4.9%
Median price per sq ft$223/sq ft
Median days on market26 days
Active inventory1 listings
Months of supply0.2 months
Sale-to-list price ratio103.1%
Homes sold (that month)6
New listings (that month)1
Market conditionStrong 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 Discovery-Spring Garden is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Discovery-Spring Garden 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 Discovery-Spring Garden home prices moved?

Over the last three years the median sale price in Discovery-Spring Garden, MD rose 56.3%, from $272,000 to $425,000. For prices to fall meaningfully from here, supply would have to keep building past 0.2 months while the sale-to-list ratio slips below its current 103.1%. Watch those two together — they move before the median does.

Redfin, through April 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Discovery-Spring Garden?

Priced off the median sale price of $425,000 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.

Monthly principal and interest by down payment in Discovery-Spring Garden, MD
Down paymentCash at closeLoan amountMonthly P&I
20%$85,000$340,000$2,269/mo
5%$21,250$403,750$2,694/mo

Redfin, through April 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 $2,269, that implies roughly $97,238 a year before you add taxes and insurance. We do not hold a Census income figure for Discovery-Spring Garden, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Discovery-Spring Garden in the next 12 months?

Tell us your timeline. We send the Discovery-Spring Garden market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Discovery-Spring Garden?

Zillow does not publish a rent index (ZORI) for Discovery-Spring Garden, 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 Discovery-Spring Garden?

Active listings in Discovery-Spring Garden, MD went from 2 in January 2025 to 1 in April 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Discovery-Spring Garden, MD
MonthActive listingsNew listings
February 202511
March 202523
April 202598
May 202562
June 202543
July 202532
September 202541
October 202534
November 202521
February 202674
March 202634
April 202611

Redfin, through April 2026

How does Discovery-Spring Garden compare to Maryland and the U.S.?

Discovery-Spring Garden homes sell for $425,000 — 11% below the Maryland median of $477,300. Against the national median of $410,700, Discovery-Spring Garden runs 3% higher. Year-over-year, Discovery-Spring Garden moved -4.9% against Maryland's +5.5% — a smaller swing than the state as a whole.

Discovery-Spring Garden, MD compared with Maryland and the United States
MarketMedian sale priceYoYDays on market
Discovery-Spring Garden, MD$425,000-4.9%26 days
Maryland statewide$477,300+5.5%34 days
United States$410,700not publishednot published

City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Discovery-Spring Garden

What buyers should watch

  • Months of supply, currently 0.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $425 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 $425,000 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 Discovery-Spring Garden listing goes under contract in 26 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 103.1% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Discovery-Spring Garden added 1 new listings against 6 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Discovery-Spring Garden varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Discovery-Spring Garden

There are currently 1 homes listed for sale in Discovery-Spring Garden, Maryland. The median listing price is $350K.

Active listings

1

Homes on market

Median list price

$350K

Avg. days on market

26

Days until sale

New this week

1

Newly listed

Sale-to-list:103.1%

How much do homes cost in Discovery-Spring Garden by property type?

How the Discovery-Spring Garden, MD market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026

Median price, price per square foot, homes sold and days on market by property type in Discovery-Spring Garden, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$520,000$232/sq ft31 days
Townhouse$345,000$214/sq ft336 days

Which cities are near Discovery-Spring Garden, MD?

Ordered by distance from Discovery-Spring Garden, not by size. Compare Discovery-Spring Garden side by side with any of them.

Discovery-Spring Garden housing market FAQ

Is Discovery-Spring Garden a buyer's or seller's market?

Discovery-Spring Garden, MD is currently a strong seller's market. That read comes from 0.2 months of supply, homes going under contract in about 26 days, and sellers getting 103.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Discovery-Spring Garden?

The median sale price in the last month Redfin published was $425,000, about $223 per square foot.

Is Discovery-Spring Garden cheaper than the rest of Maryland?

Discovery-Spring Garden's median sale price of $425,000 is 11% lower than the Maryland statewide median of $477,300, and 3% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Discovery-Spring Garden?

Homes in Discovery-Spring Garden, MD spent a median of 26 days on market before going under contract, versus 34 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Discovery-Spring Garden?

At the current 30-year fixed rate of 7.03%, 20% down on a $425,000 home is about $2,269 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $97,238 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Discovery-Spring Garden?

Redfin's last published year-over-year change for Discovery-Spring Garden, MD was -4.9%, 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 Discovery-Spring Garden?

Discovery-Spring Garden 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 Discovery-Spring Garden?

That depends on your timeline, not on a headline. What the data says today: Discovery-Spring Garden, MD is a strong seller's market with 0.2 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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One email: what homes are actually clearing at around $425,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.