Is Avenue, MD 20609 a buyer’s or seller’s market?
Avenue is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Avenue housing market right now
In the three months ending August 31, 2026, 0% of homes in Avenue, MD 20609 sold above their list price, the typical home went under contract in 7 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (119 days then) and the median sale price rose 120% to $619,732. Overall, Avenue is more competitive than a year ago, so tougher for buyers.
Within St. Mary's County, homes here sell faster than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Abell 20606 (100% sold over asking) and Callaway 20620 (100% sold over asking) are even more competitive.
Run the numbers for 20609
Nearby markets
Abell 20606Buyer’s market $164 /sq ftBushwood 20618Seller’s market $290 /sq ftCalifornia 20619Seller’s market $212 /sq ftCallaway 20620Buyer’s market $158 /sq ft Browse all markets →Where Avenue is
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Questions about Avenue real estate
Is Avenue a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Avenue, MD 20609 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Avenue?
The typical home went under contract in 7 days in the latest three months.
Do homes in Avenue sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Avenue?
About 0.84% of a home’s value a year in St. Mary's County, or roughly $3,360 on a $400,000 home.
What is the median home price in Avenue?
The median sale price was $619,732 in the three months ending August 31, 2026, about $277 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology