ODENTON AND FORT MEADE HOUSING MARKET DATA

There was an increase in total units sold in May, with 53 sold this month in Odenton and Fort Meade Real Estate, an increase of 15%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is higher by 13 units or 21%. The total number of active inventory this May was 76 compared to 63 in May 2024. This month's total of 76 is higher than the previous month's total supply of available inventory of 65, an increase of 17%.

Last May, the median sale price for Odenton and Fort Meade Homes was $535,000. This May, the median sale price was $490,000, a decrease of 8% or $45,000 compared to last year. The current median sold price is 9% higher than in April.

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

In May, there was 1.4 months of supply available in Odenton and Fort Meade, compared to 1.2 in May 2024. That is an increase of 21% 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.

This month there were 63 homes newly listed for sale in Odenton and Fort Meade compared to 51 in May 2024, an increase of 24%. There were 43 current contracts pending sale this May compared to 25 a year ago. The number of current contracts is 72% higher than last May.

In May, the average sale price in Odenton and Fort Meade was 100.8% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 20, higher than the average last year, which was 7, an increase of 186%.





FOCUS ON: ODENTON AND FORT MEADE HOUSING MARKET			MAY 2025

Zip Code(s): 21113 and 20755
Units Sold 53	Active Inventory 76	Median Sale Price $490,000	Days On Market 20

No Change Vs. Year Ago	Up 21% Vs. Year Ago	Down -8% Vs. Year Ago	Up 186% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 53 sold this month in Odenton and Fort Meade Real Estate, an increase of 15%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is higher by 13 units or 21%. The total number of active inventory this May was 76 compared to 63 in May 2024. This month's total of 76 is higher than the previous month's total supply of available inventory of 65, an increase of 17%.
		Median Sale Price Last May, the median sale price for Odenton and Fort Meade Homes was $535,000. This May, the median sale price was $490,000, a decrease of 8% or $45,000 compared to last year. The current median sold price is 9% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 63	Current Contracts 43	Sold Vs. List Price 100.8%	Months of Supply 1.4

Up 24% Vs. Year Ago	Up 72% Vs. Year Ago	Down -1.5% Vs. Year Ago	Up 20% Vs. Year Ago


		Months of Supply In May, there was 1.4 months of supply available in Odenton and Fort Meade, compared to 1.2 in May 2024. That is an increase of 21% 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 63 homes newly listed for sale in Odenton and Fort Meade compared to 51 in May 2024, an increase of 24%. There were 43 current contracts pending sale this May compared to 25 a year ago. The number of current contracts is 72% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Odenton and Fort Meade was 100.8% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 20, higher than the average last year, which was 7, an increase of 186%.


	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.