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MARC 64 Jessup MD June 94 - Flickr - drewj1946Photo: Drew Jacksich from San Jose, CA, The Republic of California · CC BY-SA 2.0
Housing in Jessup

34 homes sold in Jessup in the last year, at a typical $519K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Jessup homes are listed.

Homes sold
34
May 2025 to April 2026
Typical sale price
$519K
median, weighted by sales
Price per square foot
$236
Maryland $226
Paid vs. asking
99.5%
29% sold over asking
For sale now
6
April 2026 · 4 sold that month
What sold · last 12 months

Houses are 68% of Jessup’s sales, at a typical $568K

34 homes sold in the year to April 2026.

Houses$568K

typical sale · 23 sold in 12 months

Per square foot
$256MD $238
Days to sell
58
Sold over asking
26%
Listings with a price cut
28%
Fewer sales

Townhouses: 11 sold, typical $432K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

34 sales in the last year, against 96 in 2018 and a low of 25 in 2012. The typical sale went from $300K in 2016 to $519K.

Homes soldTypical sale price
0255075100$300K$400K$500K$600K2012: 25 sold, typical $303K’122013: 37 sold, typical $318K2014: 34 sold, typical $309K’142015: 34 sold, typical $298K2016: 52 sold, typical $300K’162017: 60 sold, typical $349K2018: 96 sold, typical $371K’182019: 50 sold, typical $372K2020: 56 sold, typical $352K’202021: 72 sold, typical $437K2022: 67 sold, typical $459K’222023: 35 sold, typical $549K2024: 42 sold, typical $511K’242025: 33 sold, typical $509KLast 12 months: 34 sold, typical $519KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Jessup

Houseat $256 a sq ft
The same money in Marylandat $238 a sq ft

Is this asking price fair?

Check a listing against what Jessup homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Jessup are back to pre-pandemic levels, but two thirds fewer homes come up for sale

We read every month of Jessup’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to April 2026, 34 sales.

If you’re buying in Jessup

  • Shop in April. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • You can negotiate. 33% of listings have cut their price, against 18% before the pandemic.
  • Bid near asking. Buyers paid 99.5% of the list price on average; 29% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 7 a month), but May is the most competitive: 45% of May sales close over asking. April offers nearly as much choice with fewer homes bid up (18%). April has the least competition (18%).

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 41% sold over asking, 72 days to sellJFeb: 5 new listings a month, 44% sold over asking, 57 days to sellFMar: 7 new listings a month, 34% sold over asking, 48 days to sellMApr: 6 new listings a month, 18% sold over asking, 54 days to sellAMay: 7 new listings a month, 45% sold over asking, 33 days to sellMJun: 5 new listings a month, 28% sold over asking, 37 days to sellJJul: 6 new listings a month, 19% sold over asking, 67 days to sellJAug: 6 new listings a month, 38% sold over asking, 46 days to sellASep: 6 new listings a month, 35% sold over asking, 60 days to sellSOct: 6 new listings a month, 36% sold over asking, 59 days to sellONov: 4 new listings a month, 27% sold over asking, 48 days to sellNDec: 4 new listings a month, 27% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Maryland as a whole

Jessup now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price29%25%53%34%
Gone within two weeksShare of homes under contract within 14 days38%20%59%42%
Listings with a price cutShare of homes for sale that cut their price33%18%17%27%
Price paid vs. askingAverage sale price ÷ list price99.5%99.3%101.6%99.8%
Days to sellMedian days from listing to contract51672342
Supply

7 homes for sale on a typical day

That’s 1.5 times the 2023 low (5), 70% fewer than in 2017–19 and well under 2017’s 31.

2012: 18 for sale’122013: 16 for sale2014: 20 for sale2015: 21 for sale’152016: 29 for sale2017: 31 for sale2018: 20 for sale’182019: 18 for sale2020: 12 for sale2021: 13 for sale’212022: 11 for sale2023: 5 for sale2024: 6 for sale’242025: 7 for saleLast 12 months: 7 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 18% in 2017–19 and 27% across Maryland. More sellers are pricing high and coming down.

2015: 28%’152016: 16%2017: 11%2018: 23%’182019: 24%2020: 21%2021: 17%’212022: 29%2023: 34%2024: 28%’242025: 28%Last 12 months: 33%Now

Source: Redfin Data Center, city market tracker, January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Jessup home costs about $3,135 a month

Mortgage
Property tax
Insurance
Rent

Price: Jessup’s typical sale, last 12 months. Property tax at Jessup’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Jessup is affordable on local pay is on Cost of living.

Before you buy in Jessup

Six things worth knowing

7

New listings in March

The month with the most choice. December has the fewest, about 4.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $519K home, about $5,120 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Jessup, from test results, graduation and how much students grow.

Schools in Jessup
27 min

Typical commute

The average one-way trip to work for people who live in Jessup.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Jessup, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Severn629$506K$23238%38
Maryland City314$521K$26635%63
Elkridge244$475K$24736%47
North Laurel238$557K$25639%33
Savage61$483K$26044%43
Jessup34$519K$23629%51
Fort Meade23$549K$28161%3

Redfin Data Center, May 2025 to April 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Jessup, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Jessup. People who follow the town see it, and so do people comparing Jessup with their own town. No commission, no listing fee.

Questions about buying a home in Jessup

What do homes sell for in Jessup, MD?

34 homes sold in the year to April 2026 at a typical $519K, $236 a square foot.

Is Jessup a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in April 2026 and 4 sold, about 1.5 months of supply. Buyers paid 99.5% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Jessup?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Jessup?

About 1% of a home’s value a year. On a $519K home that’s near $5,120.

Where can I see homes for sale in Jessup?

Zillow, Redfin, Realtor.com and Homes.com all carry Jessup’s MLS listings; the search links above open each one filtered to Jessup.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).