Wheaton, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Wheaton, MD is $525,000, down 7.9% year-over-year. Homes sell in an average of 67 days with 31 active listings. The market is currently a seller's market.
$525,000median sale price
Is Wheaton a buyer's or seller's market?
Wheaton, MD is currently a seller's market, based on 1.6 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
67
Average pace
Active listings
31
1.6 months supply
Sale-to-list
99.7%
Below asking
Wheaton, MD market data
| Metric | Value |
|---|---|
| Median sale price | $525,000 |
| Median list price | $549,950 |
| Year-over-year price change | -7.9% |
| Average days on market | 67 days |
| Active inventory | 31 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 99.7% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Wheaton housing market is currently classified as a seller's market with a median sale price of $525,000. Prices have fallen 7.9% compared to last year, with homes spending an average of 67 days on market, indicating 1.6 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 Wheaton
There are currently 31 homes listed for sale in Wheaton, Maryland. The median listing price is $550K.
Active listings
31
Homes on market
Median list price
$550K
Avg. days on market
67
Days until sale
New this week
14
Newly listed
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Frequently asked questions
What is the average home price in Wheaton?
The median home sale price in Wheaton is $525,000, down 7.9% from last year.
How long do homes stay on market in Wheaton?
Homes typically spend 67 days on market before going under contract.
Is Wheaton a buyer's or seller's market?
With 1.6 months of supply, Wheaton is currently a seller's market.
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