Leonardtown, MD Home Values & Market Trends

Real estate market trends reflect that there have been 201 transactions over the past year in Leonardtown. The median value for residential home transactions that occurred over the previous year is $471,987.63. The number of current listings in Leonardtown is 18, and the percentage of properties for sale in the city is 18.00%. Leonardtown, MD currently has 4 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 18 properties for sale.

Leonardtown, MD Real Estate Market Overview

ZipMedian Est. Value
20650

$ 504,002

$ 189/sqft

Housing Market Summary for Leonardtown, MD

Apr 2023March 2024Change
Median Listing Price$475K$485.6K2.23%
Median Sold Price$465K$485.6K4.43%
Homes For Sale2623-11.54%
Homes Sold9490-4.26%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Leonardtown, MD

Leonardtown home values range from $24,304 to $3,207,940. The median estimated value of a home in Leonardtown is $471,987.63. The median list price of a home is 489,950, and the total count of properties in the city is 5,202.

Foreclosure
There is 1 zips within Leonardtown, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $406,880 in 20650 to the lowest value of $219,900 in 20650. Foreclosure homes account for 0.00% of properties in Leonardtown, MD with 20650 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Leonardtown, MD with 20650 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Leonardtown, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $406,880 in 20650 to the lowest home value of $274,050 in 20650.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Leonardtown, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Leonardtown, MD. There is 1 zips within Leonardtown, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20650 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Leonardtown, MD. Auction homes and other auction properties account for 0.02% of all properties in Leonardtown, MD. There is 1 zips within Leonardtown, MD; of that zips, the median estimated home value for homes going to auction ranges from $219,900 in 20650 to the lowest value of $219,900 in 20650.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in Leonardtown, MD with 20650 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Leonardtown, MD; homes for sale in that zips, have a range of median values from $950,000 in 20650 to the lowest value of $314,898 in 20650.
    Sold Homes
    The median value for recently sold homes ranges from $1,340,194 in 20650 to the lowest price of $107,995 in 20650. There is 1 zips within Leonardtown, MD. 20650 has 89 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.71% of properties in Leonardtown, MD.

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      Guide for Leonardtown, MD

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      A Guide to Foreclosure Financing and Refinancing
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      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Leonardtown, MD

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