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Featured local agent — Overlea, MD
Sarah Mitchell
Compass Real Estate · Overlea, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Overlea, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Overlea, MD housing market right now?
The median home sale price in Overlea, MD is $250,000, down 5.7% year-over-year. Homes sell in an average of 28 days with 25 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Overlea a buyer's or seller's market?
Overlea, MD is currently a seller's market, based on 3.6 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
28
Average pace
Active listings
25
3.6 months supply
Sale-to-list
100.2%
Above asking
What does the Overlea housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $330,000 |
| Year-over-year price change | -5.7% |
| Average days on market | 28 days |
| Active inventory | 25 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $193/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 15 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Overlea by property type?
How the Overlea, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $319,000 | $239/sq ft | 5 | 28 days |
| Townhouse | $198,000 | $131/sq ft | 2 | 68 days |
Source: Redfin · Updated monthly
The Overlea housing market is currently classified as a seller's market with a median sale price of $250,000. Prices have fallen 5.7% compared to last year, with homes spending an average of 28 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Overlea
There are currently 25 homes listed for sale in Overlea, Maryland. The median listing price is $330K.
Active listings
25
Homes on market
Median list price
$330K
Avg. days on market
28
Days until sale
New this week
15
Newly listed
Who lives in Overlea?
Population
12,430
Median income
$86,296/yr
Median age
42 years
Owner-occupied
74.5%
College grads
34.4%
Avg commute
29.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Overlea?
Overlea is a community of approximately 12K residents with a median age of 42 years.The median household income is $86,296, which reflects a relatively affluent area with strong earning potential. 34.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Overlea offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Overlea, MD?
Want a head-to-head view? Compare Overlea side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Overlea?
The median home sale price in Overlea is $250,000, down 5.7% from last year.
How long do homes stay on market in Overlea?
Homes typically spend 28 days on market before going under contract.
What is the median income in Overlea?
The median household income is $86,296 per year.
Is Overlea a buyer's or seller's market?
With 3.6 months of supply, Overlea is currently a seller's market.
How much does a single-family home cost in Overlea?
The median single-family home price in Overlea, MD is $319,000 (about $239 per square foot).
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