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Featured local agent — Severn, MD
Sarah Mitchell
Compass Real Estate · Severn, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Severn, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$525,000median sale price
How is the Severn, MD housing market right now?
The median home sale price in Severn, MD is $525,000, up 4.5% year-over-year. Homes sell in an average of 33 days with 117 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 Severn a buyer's or seller's market?
Severn, MD is currently a seller's market, based on 2.1 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
33
Average pace
Active listings
117
2.1 months supply
Sale-to-list
100.7%
Above asking
What does the Severn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $525,000 |
| Median list price | $509,900 |
| Year-over-year price change | +4.5% |
| Average days on market | 33 days |
| Active inventory | 117 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $244/sq ft |
| Homes sold (latest month) | 56 |
| New listings (latest month) | 81 |
| Listings with a price cut | 19.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Severn by property type?
How the Severn, 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 | $525,000 | $253/sq ft | 34 | 26 days |
| Condo / Co-op | $391,000 | $261/sq ft | 2 | 135 days |
| Townhouse | $545,000 | $231/sq ft | 20 | 35 days |
Source: Redfin · Updated monthly
The Severn housing market is currently classified as a seller's market with a median sale price of $525,000. Prices have risen 4.5% compared to last year, with homes spending an average of 33 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Severn
There are currently 117 homes listed for sale in Severn, Maryland. The median listing price is $510K.
Active listings
117
Homes on market
Median list price
$510K
Avg. days on market
33
Days until sale
New this week
81
Newly listed
Who lives in Severn?
Population
58,041
Median income
$130,627/yr
Median age
36.8 years
Owner-occupied
72.3%
College grads
44.6%
Avg commute
27.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Severn?
Zillow home value
$522,552
Zillow rent index
$2,316/mo
Price-to-rent ratio
18.8x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Severn?
Severn is a community of approximately 58K residents with a median age of 36.8 years.The median household income is $130,627, which reflects a relatively affluent area with strong earning potential. 44.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Severn offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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.
Which cities are near Severn, MD?
Want a head-to-head view? Compare Severn side-by-side with any other U.S. city using our market-comparison tool.
Is Severn a good real estate investment market?
For investors evaluating Severn, the price-to-rent ratio of 18.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Severn's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Severn's median home price.
Frequently asked questions
What is the average home price in Severn?
The median home sale price in Severn is $525,000, up 4.5% from last year.
How long do homes stay on market in Severn?
Homes typically spend 33 days on market before going under contract.
What is the median income in Severn?
The median household income is $130,627 per year.
Is Severn a buyer's or seller's market?
With 2.1 months of supply, Severn is currently a seller's market.
What is the Zillow home value estimate for Severn?
The Zillow Home Value Index (ZHVI) for Severn is $522,552, representing the typical home value in the area.
What is the median condo price in Severn?
The median condo/co-op sale price in Severn, MD is $391,000, compared to $525,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Severn?
The median single-family home price in Severn, MD is $525,000 (about $253 per square foot).
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