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Saturday, July 5, 2025

Severn home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Severn rose by $19,888 while total sales decreased by 11.6%, according to BlockShopper.com.

From April through June of 2018, there were 152 homes sold, with a median sale price of $332,388 - a 6.4% increase over the $312,500 median sale price for the same period of the previous year. There were 172 homes sold in Severn in the second quarter of 2017.

The following table compares Severn to other Anne Arundel County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Annapolis182210-13.3%$343,500$340,0001%
Riviera Isle5425%$342,433$408,000-16.1%
North River Forest550%$341,000$270,00026.3%
Edgewater5573-24.7%$339,900$334,9001.5%
Venice on the Bay6450%$338,012.50$246,56237.1%
Severn152172-11.6%$332,387.50$312,5006.4%
Crofton1521492%$325,000$347,000-6.3%
Deale332913.8%$310,000$275,00012.7%
Odenton191228-16.2%$305,000$305,0000%
Maryland City4666-30.3%$304,950$279,2009.2%
Lake Shore99115-13.9%$298,000$262,00013.7%

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