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Magothy River in Severna Park MarylandPhoto: formulanone · CC BY-SA 2.0
Housing in Severna Park

441 homes sold in Severna Park in the last year, at a typical $769K

Almost every sale is a house. 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 Severna Park homes are listed.

Homes sold
441
October 2025 to September 2026
Typical sale price
$769K
median, weighted by sales
Price per square foot
$295
Maryland $226
Paid vs. asking
100.4%
45% sold over asking
For sale now
90
September 2026 · 39 sold that month
What sold · last 12 months

Houses are 94% of Severna Park’s sales, at a typical $771K (year to May 2026)

441 homes sold in the year to September 2026.

Houses$771K

typical sale · 398 sold in the year to May 2026

Per square foot
$289MD $239
Days to sell
35
Sold over asking
44%
Listings with a price cut
26%
Fewer sales

Townhouses: 20 sold, typical $535K
Condos: 7 sold, typical $373K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

441 sales in the last year, against 704 in 2021 and a low of 373 in 2024. The typical sale went from $489K in 2016 to $769K.

Homes soldTypical sale price
0187375562750$525K$650K$775K$900K2012: 458 sold, typical $457K’122013: 485 sold, typical $483K2014: 482 sold, typical $485K’142015: 521 sold, typical $495K2016: 618 sold, typical $489K’162017: 558 sold, typical $514K2018: 571 sold, typical $512K’182019: 601 sold, typical $533K2020: 690 sold, typical $565K’202021: 704 sold, typical $612K2022: 534 sold, typical $637K’222023: 383 sold, typical $673K2024: 373 sold, typical $721K’242025: 399 sold, typical $733KLast 12 months: 441 sold, typical $769KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $750K buys in Severna Park

Houseat $289 a sq ft, year to May 2026
The same money in Marylandat $239 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Severna Park 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 Severna Park are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Severna Park’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 September 2026, 441 sales.

If you’re buying in Severna Park

  • Shop in March. It brings about 70 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 100.4% of the list price on average; 45% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 73 a month), and the most competition: 36% close over asking. March and April offer nearly as much choice with fewer homes bid up (29%). January has the least competition (21%) but only about 34 new listings.

New listings a monthShare sold over asking
018.837.556.37513%27%40%Sweet spotJan: 34 new listings a month, 21% sold over asking, 57 days to sellJFeb: 44 new listings a month, 25% sold over asking, 55 days to sellFMar: 70 new listings a month, 29% sold over asking, 42 days to sellMApr: 70 new listings a month, 33% sold over asking, 25 days to sellAMay: 73 new listings a month, 36% sold over asking, 24 days to sellMJun: 70 new listings a month, 36% sold over asking, 24 days to sellJJul: 57 new listings a month, 33% sold over asking, 32 days to sellJAug: 52 new listings a month, 30% sold over asking, 32 days to sellASep: 46 new listings a month, 30% sold over asking, 36 days to sellSOct: 43 new listings a month, 28% sold over asking, 40 days to sellONov: 28 new listings a month, 24% sold over asking, 48 days to sellNDec: 21 new listings a month, 23% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Maryland

Severna Park now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price45%19%44%32%
Gone within two weeksShare of homes under contract within 14 days60%28%65%40%
Price paid vs. askingAverage sale price ÷ list price100.4%98.6%101.2%99.7%
Days to sellMedian days from listing to contract34432146
Supply

68 homes for sale on a typical day

That’s 1.6 times the 2023 low (42), 54% fewer than in 2017–19 and well under 2015’s 185.

2012: 176 for sale’122013: 149 for sale2014: 183 for sale2015: 185 for sale’152016: 159 for sale2017: 162 for sale2018: 137 for sale’182019: 140 for sale2020: 111 for sale2021: 70 for sale’212022: 61 for sale2023: 42 for sale2024: 46 for sale’242025: 57 for saleLast 12 months: 68 for saleNow
Prices by type

Since 2019, houses are up 43%, condos 36%

A house typically sold for $771K in the year to May 2026 (398 sales), a condo for $373K (7).

$375K$550K$725K$900K2013201520172019202120232025NowHouses 2013: $490K, 463 salesHouses 2014: $491K, 460 salesHouses 2015: $509K, 494 salesHouses 2016: $496K, 600 salesHouses 2017: $516K, 533 salesHouses 2018: $521K, 540 salesHouses 2019: $540K, 582 salesHouses 2020: $573K, 666 salesHouses 2021: $628K, 666 salesHouses 2022: $653K, 499 salesHouses 2023: $685K, 363 salesHouses 2024: $729K, 362 salesHouses 2025: $758K, 374 salesHouses last 12 months: $771K, 398 salesHouses $771KCondos 2013: $268K, 9 salesCondos 2014: $313K, 15 salesCondos 2015: $262K, 18 salesCondos 2016: $287K, 10 salesCondos 2017: $372K, 9 salesCondos 2018: $284K, 21 salesCondos 2019: $274K, 12 salesCondos 2020: $287K, 8 salesCondos 2021: $323K, 11 salesCondos 2022: $272K, 12 salesCondos 2023: $362K, 10 salesCondos 2024: $391K, 6 salesCondos 2025: $363K, 9 salesCondos last 12 months: $373K, 7 salesCondos $373K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Maryland

Severna Park ranks 16th of 193 busy Maryland markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Severna Park is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Severna Park home costs about $4,511 a month

Mortgage
Property tax
Insurance
Rent

Price: Severna Park’s typical sale, last 12 months. Property tax at Severna Park’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Severna Park is affordable on local pay is on Cost of living.

Before you buy in Severna Park

Six things worth knowing

73

New listings in May

The month with the most choice. December has the fewest, about 21.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $769K home, about $5,990 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Severna Park
28 min

Typical commute

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

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

Lake Shore, Arnold, Pasadena and Gambrills sell for less a square foot

The busier markets within 25 miles of Severna Park, 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
Pasadena637$453K$23542%32
Severna Park441$769K$29545%34
Arnold330$588K$27641%35
Lake Shore219$514K$27036%38
Herald Harbor48$615K$33837%38
Gambrills31$681K$23630%47
Arden on the Severn25$594K$30530%49

Redfin Data Center, October 2025 to September 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 Severna Park, free

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

Questions about buying a home in Severna Park

What do homes sell for in Severna Park, MD?

441 homes sold in the year to September 2026 at a typical $769K, $295 a square foot.

Is Severna Park a buyer’s or seller’s market?

A seller’s market: 90 homes were for sale in September 2026 and 39 sold, about 2.3 months of supply. Buyers paid 100.4% of asking on average.

When is the best time to buy in Severna Park?

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

How much are property taxes in Severna Park?

About 0.8% of a home’s value a year. On a $769K home that’s near $5,990.

Where can I see homes for sale in Severna Park?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).