Layhill, MD Housing Market
The Layhill housing market is very competitive. The median sale price of a home in Layhill was $875K last month, up 157.4% since last year. The median sale price per square foot in Layhill is $238, up 2.1% since last year.
Layhill Housing Market Trends
In April 2024, Layhill home prices were up 157.4% compared to last year, selling for a median price of $875K. On average, homes in Layhill sell after 34 days on the market compared to 13 days last year. There were 4 homes sold in April this year, down from 5 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Layhill housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 11 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 10 days.
- Hot homescan sell for about 7% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 35 days.
- Hot homescan sell for about 1% above list price and go pending in around 12 days.
Layhill Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Layhill from outside metros.
- New York homebuyers searched to move into Layhill more than any other metro followed by Hartford and Philadelphia.
- 82% of Layhill homebuyers searched to stay within the Layhill metropolitan area.
- Salisbury was the most popular destination among Layhill homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
View houses in Layhill that sold recently
Recently sold homes
- $630,000 Last Sold Price3 beds3.5 baths2,536 sq ft2101 Chippewa Pl, Silver Spring, MD 20906(301) 208-2288List Price$589,000Sale to List7% over listDays on Market50 days2101 Chippewa Pl, Silver Spring, MD 20906
- $725,000 Last Sold Price4 beds3 baths2,830 sq ft1912 Norvale Rd, Silver Spring, MD 20906(240) 403-0400List Price$650,000Sale to List12% over listDays on Market30 days1912 Norvale Rd, Silver Spring, MD 20906
- $1,050,000 Last Sold Price7 beds5 baths9,324 sq ft14215 Punch St, Silver Spring, MD 20906(240) 912-4986List Price$1,050,000Sale to List0% over listDays on Market43 days14215 Punch St, Silver Spring, MD 20906
- $780,000 Last Sold Price4 beds3 baths2,408 sq ft13720 N Gate Dr, Silver Spring, MD 20906(301) 258-7757 Redfin CorpList Price$750,000Sale to List4% over listDays on Market33 days13720 N Gate Dr, Silver Spring, MD 20906
- $525,000 Last Sold Price4 beds3.5 baths2,700 sq ft14357 Rosetree Ct, Silver Spring, MD 20906(301) 424-0900List Price$524,999Sale to List0% over listDays on Market33 days14357 Rosetree Ct, Silver Spring, MD 20906
- $884,000 Last Sold Price5 beds3.5 baths3,338 sq ft1325 Atwood Rd, Silver Spring, MD 20906List Price$849,000Sale to List4% over listDays on Market19 days1325 Atwood Rd, Silver Spring, MD 20906
- $540,000 Last Sold Price3 beds2.5 baths2,465 sq ft2102 Elm Tree Ln, Silver Spring, MD 20906(301) 534-9795List Price$539,900Sale to List0% over listDays on Market63 days2102 Elm Tree Ln, Silver Spring, MD 20906
- $355,000 Last Sold Price4 beds2.5 baths1,371 sq ft14408 Gunstock Ct Unit 4-J, Silver Spring, MD 20906(301) 681-0550List Price$355,000Sale to List0% over listDays on Market94 days14408 Gunstock Ct Unit 4-J, Silver Spring, MD 20906
See all recently sold homes in Layhill.
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Schools in Layhill
- Elementary
- Middle
- High
GreatSchools Rating
NR Bel Pre Elementary School Public • PreK-2 | 549 Students | 10 reviews |
Climate's impact on Layhill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Layhill.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Layhill
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