Severn, MD Foreclosures
Current Market Conditions in in Severn, MD As of February 2026?
Over the past month, Severn's real estate market has seen a slight increase in property values, with an uptick in listing activity. Homes are selling faster than before, with many properties going under contract within days of hitting the market. This trend indicates heightened buyer interest as the housing market shifts into a more active season. Buyers are facing pressures due to low inventory and high demand, often leading to bidding wars.
How much do homes sell for in Severn, MD?
The average home price is currently $529,148.
In Severn, MD, how many homes are available?
There are currently 75 active home listings available in Severn.
What’s the average rental cost in Severn, MD?
The average rental price in Severn is $2,173.
What is the most expensive home in Severn?
The most expensive home sold in Severn had a price of $25,222,012.
What is currently the cheapest priced home in Severn, MD?
The cheapest home for sale in Severn is priced at $10,659.
Living in Severn, MD
Severn, MD is a suburban gem in Anne Arundel County, providing an ideal blend of suburban living and urban accessibility. Residents enjoy beautiful neighborhoods, excellent schools, and a variety of parks. With easy access to highways and public transport, it's perfect for families and professionals alike.
Buyer vs Seller Market in Severn, MD
Home prices in Severn have been on the rise, reflecting the area's popularity among families and young professionals. The market is competitive, with homes often receiving multiple offers shortly after listing, indicating a strong demand for housing.
The rental market is also robust, with an increasing interest in apartments and townhouse rentals, driven by the area's proximity to larger urban centers like Baltimore and Washington, D.C.
Overall, Severn's real estate market continues to attract new residents, thanks to its desirable qualities such as good schools, recreational facilities, and a strong community appeal.
Home Value Estimator For Severn, MD
There are currently 12,034 real estate properties
in Severn, MD,
with a median automated valuation model (AVM) price
of $501,748.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Severn, MD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Severn, MD,
is $529,148.00, with the most expensive house
in Severn, MD, topping out
at $25,222,012.00 and the cheapest home
in Severn, MD,
clocking in at $10,659.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Severn, MD!
Rent Prices
In Severn, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Severn, MD, is on
a rollercoaster ride. The
average rent price in Severn, MD,
is $2,173.00. Indeed, when looking to rent in
Severn, MD, you can expect to pay as little
as $1,000.00 or as much
as $4,680.00,
with the average rent median estimated to
be $2,130.00. The good news is that finding
an affordable and desirable property to rent in Severn, MD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
