The story of this market
The typical home in ZIP 20794 sells for about $419,818, or $226 per square foot.
Prices are down 5% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,520 a month.
ZIP 20794 — Jessup
The housing market in 20794 is currently experiencing a cooling trend with median sale prices down 5.0% year-over-year. Inventory remains extremely tight with only 8 active listings reported, and while the market is competitive, the decline in sales volume suggests a cautious environment for both buyers and sellers.
Median prices moved down 5.0% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 5.6% — a stable, low-distress profile.
ZCTA 20794
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Data retrieved from ZipCodeDex and Census ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: median price diverges 22.6% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.