Severn, MD housing market
The typical Severn home is worth about $518,000, up 1.3% in a year, 21% above the Maryland typical home. Homes typically sell in 33 days, a little above asking.
Home values, sales, trends and how Severn compares with the towns next door — updated as new data is published.
Severn at a glance
A seller's market
Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Severn | Maryland |
|---|---|---|
| 2017 | $353,000 | $290,000 |
| 2018 | $365,000 | $301,000 |
| 2019 | $372,000 | $310,000 |
| 2020 | $385,000 | $322,000 |
| 2021 | $419,000 | $349,000 |
| 2022 | $457,000 | $384,000 |
| 2023 | $478,000 | $398,000 |
| 2024 | $493,000 | $412,000 |
| 2025 | $509,000 | $427,000 |
| 2026 | $514,000 | $429,000 |
| August 2026 | $518,000 | $428,000 |
Severn and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Severn | $518K | +1.3% | $2,360 | $134,423 |
| Gambrills | $617K | +1.1% | $2,320 | $148,594 |
| Odenton | $471K | −0.2% | $2,660 | $128,441 |
| Fort Meade | — | — | $2,540 | $103,261 |
| Glen Burnie | $395K | +0.3% | $2,030 | $88,280 |
| Jessup | $509K | 0% | $2,370 | $128,851 |
3.8 years of income
The typical Severn home costs about 3.8 years of the town's median household income, about the same as across Maryland (4.1).
How Severn ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,360
HUD's Fair Market Rent for a two-bedroom in Severn is $2,360 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Severn pay a median of $2,175. A two-bedroom takes about 21% of the town's median household income.
Studio $1,730 · 4 bedrooms $3,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20794, 21061, 21076, 21144; Baltimore-Columbia-Towson, MD MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.