What happened to the median home price in Severna Park during 2021?

What happened to the median home price in Severna Park during 2021?
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The median sale price of a home sold in 2021 in Severna Park rose by $35,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From January through December of 2021, there were 447 homes sold, with a median sale price of $575,000 – a 6.5% increase over the $540,000 median sale price for the previous year. There were 626 homes sold in Severna Park in 2020.

The following table compares Severna Park to other Anne Arundel County cities with similar median sale prices in 2021:

City Jan. – Dec. 2021 Home Sales Jan. – Dec. 2020 Home Sales % change (Total Home Sales) Jan. – Dec. 2021 Median Sales Price Jan. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Amberly 3 7 -57.1% $742,000 $855,000 -13.2%
Dulls Corner 7 2 250% $699,900 $337,500 107.4%
Galesville 7 8 -12.5% $685,000 $427,250 60.3%
Tanager Forest 2 1 100% $612,500 $570,000 7.5%
Riva 52 64 -18.8% $584,300 $490,500 19.1%
Severna Park 447 626 -28.6% $575,000 $540,000 6.5%
Rock Anna 10 12 -16.7% $575,000 $377,499.50 52.3%
Annapolis Neck 157 272 -42.3% $565,000 $550,000 2.7%
Friendship 1 5 -80% $550,000 $376,000 46.3%
Carriage Hills 1 6 -83.3% $500,000 $617,500 -19%
Gambrills 26 36 -27.8% $497,500 $512,500 -2.9%


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