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| FOCUS ON: ODENTON AND FORT MEADE HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 21113 and 20755 |
Units Sold
35 |
Active Inventory
68 |
Median Sale Price
$450,000 |
Days On Market
29 |
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Up 3%
Vs. Year Ago |
Up 62%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 35 sold this month in Odenton and Fort Meade Real Estate versus 42 last month, a decrease of 17%. This month's total units sold was higher than at this time last year, an increase of 3% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 26 units or 62%. The total number of active inventory this September was 68 compared to 42 in September 2024. This month's total of 68 is lower than the previous month's total supply of available inventory of 81, a decrease of 16%.
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Median Sale Price
Last September, the median sale price for Odenton and Fort Meade Homes was $447,450. This September, the median sale price was $450,000, an increase of 1% or $2,550 compared to last year. The current median sold price is 3% higher than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
36 |
Current Contracts
45 |
Sold Vs. List Price
99.1% |
Months of Supply
1.9 |
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Up 13%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Down -1.2%
Vs. Year Ago |
Up 56%
Vs. Year Ago |
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Months of Supply
In September, there was 1.9 months of supply available in Odenton and Fort Meade, compared to 1.2 in September 2024. That is an increase of 57% 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.
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New Listings & Current Contracts
This month there were 36 homes newly listed for sale in Odenton and Fort Meade compared to 32 in September 2024, an increase of 13%. There were 45 current contracts pending sale this September compared to 43 a year ago. The number of current contracts is 5% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Odenton and Fort Meade was 99.1% of the average list price, which is 1.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 29, higher than the average last year, which was 16. This increase was impacted by the limited number of sales.
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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. |
Information 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. |