Housing in Severn, MD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$522,500

Median List Price

$482,500

Price Per Sq Ft

$210

Days on Market

50

Active Inventory

94

Months of Supply

2.9

Seller's market

Zillow Home Value

$503,507

ZHVI — January 2026

Zillow Rent Index

$2,070

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.0%List Price 5.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

31.3%

Off Market in 2 Weeks

27.1%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
31.3%
Under Contract in 2 Wks
27.1%
Listings with Price Drops
13.8%

Market Activity

Source: Redfin

Homes Sold

32

New Listings

38

Pending Sales

48

Homes Sold 39.6%New Listings 41.5%Pending 39.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$210

Median List $/SF

$233

Sale $/SF 13.9%List $/SF 3.3%Mar 24Jan 26

Severn vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Severn is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$465,600

Median Rent

$2,082

Total Housing Units

21,993

Vacancy Rate

3.1%

Owner Occupied

72.3%

Renter Occupied

27.8%

Median Property Tax

$3,943

per year

Monthly Cost (w/ Mortgage)

$2,241

Housing Types

Single Family
81.5%
Multi-Family
14.9%
Mobile Home
3.5%

The current median sale price in Severn, MD is $522,500 according to Redfin data. Homes spend a median of 50 days on the market. 31.3% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $210. Zillow's observed rent index is $2,070/month. About 72.3% of housing units are owner-occupied. The median year homes were built is 1997. There are 21,993 total housing units.