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Maryland State Wire

Thursday, November 7, 2024

Home prices increased in Severn during January 2022

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The median sale price of a home sold in January 2022 in Severn rose by $18,500 while total sales decreased by 68.3%, according to BlockShopper.com.

In January 2022, there were 19 homes sold, with a median sale price of $395,000 - a 4.9% increase over the $376,500 median sale price for the same period of the previous year. There were 60 homes sold in Severn in January 2021.

The following table compares Severn to other Anne Arundel County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Pasadena845-82.2%$416,000$325,00028%
Parole631-80.6%$412,500$435,000-5.2%
Revell Downs3250%$405,000$237,50070.5%
Shady Side412-66.7%$405,000$367,50010.2%
Arden on the Severn330%$400,000$451,000-11.3%
Severn1960-68.3%$395,000$376,5004.9%
Odenton872-88.9%$376,000$324,50015.9%
Maryland City423-82.6%$372,450$337,00010.5%
Glen Burnie3081-63%$352,450$283,00024.5%
Riviera Beach324-87.5%$346,000$277,00024.9%
Lake Shore632-81.3%$344,500$345,654-0.3%

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