Is Gwynn Oak, MD 21207 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gwynn Oak is a seller’s market. With about 3.4 months of supply and 43% 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.

Competition score67/ 100

More competitive than 70% of U.S. ZIP codes, and #116 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

Months of supply3.4Under 4 months = seller’s market
Sold above original list43%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$187▼ −0.4% vs. last year

The Gwynn Oak housing market right now

In the three months ending August 31, 2026, 43% of homes in Gwynn Oak, MD 21207 sold above their list price, the typical home went under contract in 37 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold about as fast and the median sale price held steady to $332,356. Overall, Gwynn Oak is more competitive than a year ago, so tougher for buyers.

Within Baltimore County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Gwynn Oak ranks #116 of 241 MD ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at Upperco 21155 (0% sold over asking) or Hydes 21082 (0% sold over asking), while Catonsville 21228 (63% sold over asking) and Monkton 21111 (61% sold over asking) are even more competitive.

Nearby markets

Baldwin 21013Seller’s market $238 /sq ftBaltimore 21209Seller’s market $215 /sq ftButler 21023 $99 /sq ftCatonsville 21228Seller’s market $239 /sq ft Browse all markets →

Where Gwynn Oak is

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Questions about Gwynn Oak real estate

Is Gwynn Oak a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Gwynn Oak, MD 21207 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 Gwynn Oak?

The typical home went under contract in 37 days in the latest three months.

Do homes in Gwynn Oak sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Gwynn Oak?

About 1.07% of a home’s value a year in Baltimore County, or roughly $4,280 on a $400,000 home.

What is the median home price in Gwynn Oak?

The median sale price was $332,356 in the three months ending August 31, 2026, about $187 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