Is Jessup, MD 20794 a buyer’s or seller’s market?
Jessup is a seller’s market. With about 1.9 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.9Under 4 months = seller’s market
Sold above original list39.1%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$248▼ −4.8% vs. last year
Run the numbers for 20794
Nearby markets
Clarksville 21029Seller’s market $285 /sq ftColumbia 21044Seller’s market $250 /sq ftColumbia 21045Seller’s market $255 /sq ftColumbia 21046Seller’s market $252 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology