Is Severna Park, MD 21146 a buyer’s or seller’s market?
Severna Park is a seller’s market. With about 1.9 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 87% of U.S. ZIP codes, and #30 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Severna Park housing market right now
In the three months ending August 31, 2026, 47% of homes in Severna Park, MD 21146 sold above their list price, the typical home went under contract in 28 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 111 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 44%, homes sold faster (32 days then) and the median sale price rose 3% to $799,604. Overall, Severna Park is more competitive than a year ago, so tougher for buyers.
Within Anne Arundel County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 97%. On our competition score, Severna Park ranks #30 of 241 MD ZIP codes with enough sales (score 81 out of 100).
Nearby, buyers who want less competition could look at Annapolis 21405 (0% sold over asking) or Harmans 21077 (0% sold over asking).
Run the numbers for 21146
Nearby markets
Annapolis 21401Seller’s market $331 /sq ftAnnapolis 21403Seller’s market $366 /sq ftAnnapolis 21405 $807 /sq ftAnnapolis 21409Seller’s market $286 /sq ft Browse all markets →Towns like Severna Park nearby
Find towns like Severna Park in other states →Where Severna Park is
Loading map…
Questions about Severna Park real estate
Is Severna Park a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Severna Park, MD 21146 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 Severna Park?
The typical home went under contract in 28 days in the latest three months.
Do homes in Severna Park sell over asking?
47% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Severna Park?
About 0.85% of a home’s value a year in Anne Arundel County, or roughly $3,400 on a $400,000 home.
What is the median home price in Severna Park?
The median sale price was $799,604 in the three months ending August 31, 2026, about $317 per square foot.
Local agents
See all agents in 21146 →No sponsored agents in 21146 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 21146
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology