Housing in Severna Park, MD

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$795,000

Median List Price

$656,950

Price Per Sq Ft

$267

Days on Market

74

Active Inventory

43

Months of Supply

2.3

Seller's market

Zillow Home Value

$716,292

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 22.3%List Price 9.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

42.1%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
42.1%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
27.9%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

32

Pending Sales

35

Homes Sold 29.6%New Listings 13.5%Pending 12.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$267

Median List $/SF

$281

Sale $/SF 6.6%List $/SF 1.8%Mar 24Jan 26

Severna Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Severna Park 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

$633,600

Median Rent

$1,617

Total Housing Units

14,095

Vacancy Rate

3.8%

Owner Occupied

90.3%

Renter Occupied

9.7%

Median Property Tax

$4,954

per year

Monthly Cost (w/ Mortgage)

$2,580

Housing Types

Single Family
95.1%
Multi-Family
4.9%
Mobile Home
0.0%

The current median sale price in Severna Park, MD is $795,000 according to Redfin data. Homes spend a median of 74 days on the market. 42.1% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $267. The median rent is $1,617 per month (Census ACS). About 90.3% of housing units are owner-occupied. The median year homes were built is 1978. There are 14,095 total housing units.