Real Estate Market Update for 20645 (Issue, MD)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 19% from one year earlier, and up 16% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 340-thousand dollars. The number of units sold increased 33% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 20645 (Issue, MD)
Area Information for 20645 (Issue, MD)
  • Population: 803
  • Median Age: 49.1 yr
  • Median Commute Time: 52 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 365/sq mi
  • Population Change Since 2000: 58.56%
  • Closest Airport: Ronald Reagan Washington National
  • Closest College: Marine Corps University
  • Closest Jr. College: College Of Southern Maryland
  • Median Household Income: $75,500
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $350,000
  • Closest Major Sports Team: Potomac Nationals (a)
  • Change Avg. Household Income Since 2000: 36.29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 20645 (Issue, MD)
Median Age: 49.1 Married: 43% Number of Households: 312 Households with Children: 111
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      Local Weather for 20645 (Issue, MD)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.