Severna Park, MD
Housing market overview · Updated weekly
$575,000median sale price
Homes sold
23
Last 12 weeks
Days on market
25
Average pace
Active listings
43
1.9 months supply
Sale-to-list
99.6%
Below asking
The Severna Park housing market is currently classified as a seller's market with a median sale price of $575,000. Prices have fallen 15.3% compared to last year, with homes spending an average of 25 days on market, indicating 1.9 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
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Frequently asked questions
What is the average home price in Severna Park?
The median home sale price in Severna Park is $575,000, down 15.3% from last year.
How long do homes stay on market in Severna Park?
Homes typically spend 25 days on market before going under contract.
Is Severna Park a buyer's or seller's market?
With 1.9 months of supply, Severna Park is currently a seller's market.
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