The Long & Foster Market Minute

FOCUS ON: ODENTON AND FORT MEADE HOUSING MARKET AUGUST 2025

Zip Code(s): 21113 and 20755
Units Sold
42
Active Inventory
68
Median Sale Price
$438,000
Days On Market
29
Down -11%
Vs. Year Ago
No Change
Vs. Year Ago
No Change
Vs. Year Ago
Up 93%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 42 sold this month in Odenton and Fort Meade Real Estate versus 53 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 11% versus August 2024.

Active Inventory
The total number of homes available this month is 68 units, which is similar compared to a year ago. This month's total of 68 is lower than the previous month's total supply of available inventory of 88, a decrease of 23%.

Median Sale Price
Last August, the median sale price for Odenton and Fort Meade Homes was $440,000. This August, the median sale price was $438,000, which is similar compared to a year ago. The current median sold price is 4% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
28
Current Contracts
36
Sold Vs. List Price
100.2%
Months of Supply
1.6
Down -43%
Vs. Year Ago
Up 6%
Vs. Year Ago
No Change
Vs. Year Ago
Up 12%
Vs. Year Ago

Months of Supply
In August, there was 1.6 months of supply available in Odenton and Fort Meade, compared to 1.4 in August 2024. That is an increase of 12% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 28 homes newly listed for sale in Odenton and Fort Meade compared to 49 in August 2024, a decrease of 43%. There were 36 current contracts pending sale this August compared to 34 a year ago. The number of current contracts is 6% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Odenton and Fort Meade was 100.2% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 29, higher than the average last year, which was 15, an increase of 93%.

The Long & Foster Market Minute Odenton and Fort Meade are defined as properties listed in zip code/s 21113 and 20755.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.