How does the housing market look in Severn? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Severn Maryland
Median Sale Price
$450,000
13.5%
New Listings
30
41.2%
Number of Homes Sold
29
44.2%
Median Days on Market
19
286.7%
Market Overview
All Home Types
In the last 30 days, homes for sale in Severn, MD sold for a median price of $450,000, down 13.5% compared to the same period last year. The median price per square foot was $221.50, up 10% year-over-year. There were 29 homes sold, down from 52 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Severn, MD was 68, down 10.5% compared to last year. In the last 30 days, 30 new homes were listed for sale, down 41.2% year-over-year. The median days on market was 19.33, up from 5 days last year. The months of supply was 1.17, up from 0.56 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Severn, MD had a median sale-to-list-price ratio of 100.01%, down 1.3 pt compared to the same period last year. 51.72% of homes sold above list price, down 9.8 pt year-over-year. 20.69% of homes listed dropped in price, up 9.2 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In Severn
Coldwell Banker Realty • MLS MDAA2056282 • Status: Coming Soon
Keller Williams Metropolitan • MLS MDAA2056208 • Status: Active
Keller Williams Flagship of Maryland • MLS MDAA2055982 • Status: Coming Soon
Redfin Corp • MLS MDAA2055828 • Status: Active
Taylor Properties • MLS MDAA2055408 • Status: Active
Taylor Properties • MLS MDAA2056080 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDAA2055558 • Status: Coming Soon
Redfin Corp • MLS MDAA2055546 • Status: Coming Soon
Coldwell Banker Realty • MLS MDAA2055908 • Status: Active
Taylor Properties • MLS MDAA2055928 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDAA2054814 • Status: Coming Soon
Keller Williams Flagship of Maryland • MLS MDAA2055710 • Status: Active
Coldwell Banker Realty • MLS MDAA2055514 • Status: Active
CENTURY 21 New Millennium • MLS MDAA2055178 • Status: Active
Coldwell Banker Realty • MLS MDAA2055316 • Status: Coming Soon
Mr. Lister Realty • MLS MDAA2055130 • Status: Active
Home Towne Real Estate • MLS MDAA2055126 • Status: Active
Samson Properties • MLS MDAA2054868 • Status: Active
Keller Williams Capital Properties • MLS MDAA2054902 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDAA2054858 • Status: Active