Altos Market Data for Realtors

District Heights, MD

Single-Family Homes

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District Heights, MD

Wed Oct 20 2021
This week the median list price for District Heights, MD is $365,000 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has decreased to 21. Click here to stay informed with the District Heights market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

District Heights, MD

Wed Oct 20 2021
This week the median list price for District Heights, MD is $365,000 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has decreased to 21. Click here to stay informed with the District Heights market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the District Heights market.
Median List Price $365,000
Median Price of New Listings $280,000
Per Square Foot $240
Average Days on Market 43
Median Days on Market 35
Price Decreased 38%
Price Increased 10%
Relisted 19%
Inventory 21
Median Rent $2,200
Market Action 66
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$420,000 2,274 0.25 - 0.5 acre 4 2 73 0 2 35
$374,000 1,800 8,000 - 10,000 sqft 4 2 75 1 0 63
$350,000 1,202 8,000 - 10,000 sqft 4 2 70 0 1 49
$280,000 1,102 4,500 - 6,500 sqft 3 1 68 3 4 10