Severn, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Severn, MD is $489,500, down 1.2% year-over-year. Homes sell in an average of 58 days with 90 active listings. The market is currently a balanced market.
$489,500median sale price
Is Severn a buyer's or seller's market?
Severn, MD is currently a balanced market, based on 2.6 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
58
Average pace
Active listings
90
2.6 months supply
Sale-to-list
98.8%
Below asking
Severn, MD market data
| Metric | Value |
|---|---|
| Median sale price | $489,500 |
| Median list price | $489,900 |
| Year-over-year price change | -1.2% |
| Average days on market | 58 days |
| Active inventory | 90 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Severn housing market is currently classified as a balanced market with a median sale price of $489,500. Prices have fallen 1.2% compared to last year, with homes spending an average of 58 days on market, indicating 2.6 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 Severn
There are currently 90 homes listed for sale in Severn, Maryland. The median listing price is $490K.
Active listings
90
Homes on market
Median list price
$490K
Avg. days on market
58
Days until sale
New this week
39
Newly listed
Top public schools in Severn
5 schools tracked · 1,946 students
The largest public schools serving Severn, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ridgeway Elementary
Grades PK-5 · 576 students
Severn Elementary
Grades PK-5 · 506 students
Van Bokkelen Elementary
Grades PK-5 · 433 students
Quarterfield Elementary
Grades PK-5 · 431 students
Center of Applied Technology-North
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Severn?
The median home sale price in Severn is $489,500, down 1.2% from last year.
How long do homes stay on market in Severn?
Homes typically spend 58 days on market before going under contract.
Is Severn a buyer's or seller's market?
With 2.6 months of supply, Severn is currently a balanced market.
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