Jessup, MD

Seller's market-19.2% YoY

Housing market overview · Updated weekly

$594,200median sale price

Homes sold

2

Last 12 weeks

Days on market

83

Average pace

Active listings

5

2.5 months supply

Sale-to-list

101.4%

Above asking

The Jessup housing market is currently classified as a seller's market with a median sale price of $594,200. Prices have fallen 19.2% compared to last year, with homes spending an average of 83 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Jessup

There are currently 5 homes listed for sale in Jessup, Maryland. The median listing price is $777K.

Active listings

5

Homes on market

Median list price

$777K

Avg. days on market

83

Days until sale

New this week

4

Newly listed

Price drops:40.0%of listings
Sale-to-list:101.4%

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Frequently asked questions

What is the average home price in Jessup?

The median home sale price in Jessup is $594,200, down 19.2% from last year.

How long do homes stay on market in Jessup?

Homes typically spend 83 days on market before going under contract.

Is Jessup a buyer's or seller's market?

With 2.5 months of supply, Jessup is currently a seller's market.

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