Home prices
The median home price in Severn is $362,300. In comparison to other places in this area it is roughly $26,540 (7%) higher.It is about $144,800 (66%) higher compared to the rest of the country, and compared to the city of Washington is approximately $239,200 (39%) lower.
Rents
Severn's median rent is $1,712 per month. This is approximately $199 (13%) higher in comparison to the surrounding areas.It is roughly $650 (61%) higher compared to the rest of the nation, and is approximately $171 (11%) higher compared to the city of Washington.
Nearby places
Gambrills
Gambrills is Severn's neighbor to the southeast. Its real estate prices are somewhat more expensive. The price of the median home in Gambrills is $444,300, which is $82,000 (18%) higher than Severn. Rent there is a little less expensive. The median rent in Gambrills is $1,375 per month, which comes out to $337 (24%) lower than Severn.
Jessup
Jessup is Severn's neighbor to the west. Its real estate prices are fairly similar. The median home value in Jessup is $365,500, which is very similar to Severn. The rent there is fairly similar. In Jessup the median rent is $1,708 a month, which is very similar to Severn.
Glen Burnie
Glen Burnie is Severn's neighbor to the east. The housing prices there are significantly less expensive. Glen Burnie's median home value is $256,500, which is $105,800 (41%) lower than Severn. The rent there is somewhat less expensive. In Glen Burnie the median monthly rent is $1,320, which is $392 (29%) lower than Severn.
Ferndale
Ferndale is roughly 4 miles northeast of Severn. Its real estate prices are a lot less expensive. The median home in Ferndale is valued at $247,800, which works out to $114,500 (46%) lower than Severn. Its rents are a little less expensive. In Ferndale the median monthly rent is $1,378, which comes out to $334 (24%) lower than Severn.
Elkridge
Elkridge is roughly 4 miles northwest from Severn. Its real estate prices are fairly similar. The value of the median home in Elkridge is $364,700, which is very similar to Severn. Rent there is fairly similar. Elkridge's median monthly rent is $1,783, which comes out to $71 (3%) higher than Severn.
