New Listing
9
$475,000
561 Arundel Dr
Severna Park, MD 21146
2 bd2 ba1,979 sqft$240/ft²
House7,297 sqft lot
Amy Juras · Long & Foster Real Estate, Inc.
View photos & details
Brokers — List your Company Here
Featured local agent — Severna Park, MD
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Severna Park, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Severna Park, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Severna Park, MD Housing Market
Strong seller's market+0.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Severna Park, MD is worth $751,155, rose 0.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $800,000, +14.3% year over year (through May 2026). With 1.7 months of supply and homes going under contract in about 26 days, Severna Park is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $751,155 home is about $4,010/mo in principal and interest.
Key numbers for Severna Park, MD
Typical home value
$751,155
+0.8% in 12 months
Zillow, August 2026
Typical asking rent
$3,758/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$800,000
+14.3% year over year
Redfin, through May 2026
Days on market
26
Average pace
Redfin, through May 2026
Active listings
80
1.7 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$168,091
Home costs 4.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.8%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 Severna Park a buyer's or seller's market?
Strong seller's market1.7 months of supply26 days on market100.8% of asking
Severna Park, MD is a strong seller's market, based on 1.7 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 Severna Park housing market data show?
Every row below is Redfin's final published month for Severna Park, MD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $800,000 |
| Median list price | $799,000 |
| Year-over-year price change | +14.3% |
| Median price per sq ft | $297/sq ft |
| Median days on market | 26 days |
| Active inventory | 80 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.8% |
| Homes sold (that month) | 47 |
| New listings (that month) | 59 |
| Listings with a price cut | 23.8% |
| Market condition | Strong 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 Severna Park is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Severna Park 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 Severna Park home prices moved?
Over the last three years the median sale price in Severna Park, MD rose 18.1%, from $677,500 to $800,000. The live Zillow value series has rose 0.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.8% of Severna Park listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.7 months while the sale-to-list ratio slips below its current 100.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Severna Park market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Severna Park?
Priced off the typical home value of $751,155 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $150,231 | $600,924 | $4,010/mo |
| 5% | $37,558 | $713,597 | $4,762/mo |
Zillow, August 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 $4,010, that implies roughly $171,860 a year before you add taxes and insurance. The median household in Severna Park earns $168,091, about $3,769 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.5x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Severna Park in the next 12 months?
Tell us your timeline. We send the Severna Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Severna Park?
Typical asking rent in Severna Park, MD is $3,758/mo, against a typical home value of $751,155. That is a price-to-rent ratio of 16.7x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $4,010 a month — $252 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Severna Park?
Active listings in Severna Park, MD went from 63 in May 2025 to 80 in May 2026, a +27.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 83 | 57 |
| July 2025 | 66 | 37 |
| August 2025 | 73 | 49 |
| September 2025 | 64 | 27 |
| October 2025 | 69 | 45 |
| November 2025 | 58 | 16 |
| December 2025 | 43 | 18 |
| January 2026 | 46 | 31 |
| February 2026 | 46 | 21 |
| March 2026 | 54 | 45 |
| April 2026 | 66 | 67 |
| May 2026 | 80 | 59 |
Redfin, through May 2026
How does Severna Park compare to Maryland and the U.S.?
Severna Park homes sell for $800,000 — 68% above the Maryland median of $477,300. Against the national median of $410,700, Severna Park runs 95% higher. Year-over-year, Severna Park moved +14.3% against Maryland's +5.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Severna Park, MD | $800,000 | +14.3% | 26 days |
| Maryland statewide | $477,300 | +5.5% | 34 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Severna Park
What buyers should watch
- Months of supply, currently 1.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.8%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $752 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 $751,155 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 Severna Park 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 100.8% of asking. Price at the number you want and let competition do the rest.
- In the last published month Severna Park added 59 new listings against 47 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Severna Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Severna Park
There are currently 80 homes listed for sale in Severna Park, Maryland. The median listing price is $799K. Featured listings range from $475,000 to $1,487,900.
New Listing
53
$489,900
8349 Elm Rd
Severna Park, MD 21108
3 bd2 ba1,510 sqft$324/ft²
House24,394 sqft lot
Katherine Grimley · RE/MAX Leading Edge
View photos & details
New Listing
49
$624,900
276 Shakespeare Dr
Severna Park, MD 21146
4 bd2 ba2,232 sqft$280/ft²
House7,688 sqft lot
Matthew Wyble · Next Step Realty, LLC.
View photos & details
New Listing
59
$685,000
811 Teakwood Dr
Severna Park, MD 21146
5 bd4 ba2,600 sqft$263/ft²
House12,632 sqft lot
Jennifer Bonk · Cummings & Co. Realtors
View photos & details
New Listing
42
$699,900
235 Pawtucket Ct
Severna Park, MD 21146
4 bd3 ba2,416 sqft$290/ft²
House10,935 sqft lot
David Orso · Berkshire Hathaway HomeServices PenFed Realty
View photos & details
47
$750,000
61 Marnel Dr
Severna Park, MD 21146
4 bd3 ba2,572 sqft$292/ft²
House11,444 sqft lot
Jody Buck · Cummings & Co. Realtors
View photos & details
New Listing
19
$795,000
89 Kennedy Dr
Severna Park, MD 21146
4 bd3 ba3,308 sqft$240/ft²
House10,300 sqft lot
Jaime Shuman · Compass
View photos & details
New Build
6
$800,000
584 Park Rd
Severna Park, MD 21146
4 bd3 ba2,243 sqft$357/ft²
House5,000 sqft lot
Michele Hagan · CENTURY 21 New Millennium
View photos & details
New Listing
77
$889,900
759 Springbloom Dr
Severna Park, MD 21108
5 bd4 ba3,622 sqft$246/ft²
House12,800 sqft lot
Sammy Barbieri · RE/MAX United Real Estate
View photos & details
New Listing
$1,015,000
327 Cool Ridge Ct
Severna Park, MD 21108
5 bd3 ba2,884 sqft$352/ft²
House10,600 sqft lot
Nickolaus Waldner · Keller Williams Realty Centre
View photos & details
New Listing
53
$1,075,000
545 Devonshire Ct
Severna Park, MD 21146
5 bd3 ba3,277 sqft$328/ft²
House18,300 sqft lot
David Orso · Berkshire Hathaway HomeServices PenFed Realty
View photos & details
New Listing
$1,487,900
358 Prestonfield Ln
Severna Park, MD 21146
5 bd4 ba3,471 sqft$429/ft²
House17,290 sqft lot
Carlos Garcia · Keller Williams Flagship
View photos & details
Looking to buy in Severna Park?
Get connected with a local real estate expert — free, no obligation.
Active listings
80
Homes on market
Median list price
$799K
Avg. days on market
26
Days until sale
New this week
59
Newly listed
Price drops:23.8%of listings
Sale-to-list:100.8%
How much do homes cost in Severna Park by property type?
How the Severna Park, MD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $815,000 | $298/sq ft | 44 | 27 days |
| Condo / co-op | $350,000 | $291/sq ft | 1 | 37 days |
| Townhouse | $570,000 | $246/sq ft | 3 | 5 days |
Who lives in Severna Park?
American Community Survey estimates for Severna Park. U.S. Census ACS, 2023
Population
39,499
Households
13,561
Median income
$168,091/yr
Median age
40.8 years
Owner-occupied
90.3%
Median home value
$633,600
Median gross rent
$1,617/mo
Mean commute
28.8 min
90.3% of occupied homes in Severna Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $633,600 against Zillow's $751,155 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,617/mo, below Zillow's $3,758/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Severna Park?
8 schools tracked · 5,943 students
The largest public schools serving Severna Park, 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.
Severna Park High
Grades 9-12 · 1,817 students
Severna Park Middle
Grades 6-8 · 1,414 students
Folger Mckinsey Elementary
Grades K-5 · 627 students
Oak Hill Elementary
Grades K-5 · 615 students
Benfield Elementary
Grades PK-5 · 462 students
Severna Park Elementary
Grades PK-5 · 395 students
Jones Elementary
Grades K-5 · 310 students
Anne Arundel Evening High
Grades 9-12 · 303 students
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 Severna Park, MD?
Ordered by distance from Severna Park, not by size. Compare Severna Park side by side with any of them.
Which ZIP codes are in Severna Park?
These are the ZIP codes we see on active Severna Park listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Severna Park housing market FAQ
Is Severna Park a buyer's or seller's market?
Severna Park, MD is currently a strong seller's market. That read comes from 1.7 months of supply, homes going under contract in about 26 days, and sellers getting 100.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Severna Park?
The typical home in Severna Park, MD is worth $751,155 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $800,000, about $297 per square foot.
Is Severna Park cheaper than the rest of Maryland?
Severna Park's median sale price of $800,000 is 68% higher than the Maryland statewide median of $477,300, and 95% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Severna Park?
Homes in Severna Park, 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 Severna Park?
At the current 30-year fixed rate of 7.03%, 20% down on a $751,155 home is about $4,010 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $171,860 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $168,091.
Are home prices rising in Severna Park?
The typical home value in Severna Park, MD rose 0.8% over the last 12 months, from $744,882 to $751,155 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Severna Park?
Severna Park 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 Severna Park?
That depends on your timeline, not on a headline. What the data says today: Severna Park, MD is a strong seller's market with 1.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 16.7x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Severna Park, MD
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Severna Park
Nearby markets
Get the Severna Park market brief
Get the Severna Park, MD market brief
One email: what homes are actually clearing at around $751,155, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.