Home prices
The median home in Severna Park is valued at $546,800. This is about $137,440 (33%) higher in comparison to the surrounding areas.It is roughly $329,300 (151%) higher in comparison to the entire nation, and compared to the city of Washington it is approximately $54,700 (9%) lower.
Rents
Severna Park's median rent is $1,744 a month. This is roughly $145 (9%) higher compared to other places in this area.Compared to the entire country it is approximately $682 (64%) higher, and in comparison to the city of Washington it is roughly $203 (13%) higher.
Nearby places
Herald Harbor
Herald Harbor is Severna Park's neighbor to the south. Its real estate prices are a bit less expensive. Herald Harbor's median home cost is $464,300, which works out to $82,500 (17%) lower than Severna Park. The rent there is significantly less expensive. The median monthly rent in Herald Harbor is $1,163, which is $581 (49%) lower than Severna Park.
Gambrills
Gambrills is Severna Park's neighbor to the west. The housing prices there are a bit less expensive. The cost of the median home in Gambrills is $444,300, which comes out to $102,500 (23%) lower than Severna Park. The rent there is a little less expensive. Gambrills's median monthly rent is $1,375, which comes out to $369 (26%) lower than Severna Park.
Lake Shore
Lake Shore is Severna Park's neighbor to the east. Real estate prices there are significantly less expensive. The median home value in Lake Shore is $382,500, which comes out to $164,300 (42%) lower than Severna Park. Rent there is fairly similar. In Lake Shore the median rent is $1,737 per month, which is very similar to Severna Park.
Arnold
Arnold is Severna Park's neighbor to the southeast. Its housing prices are somewhat less expensive. The median home in Arnold is valued at $441,300, which is $105,500 (23%) lower than Severna Park. Rents there are a bit more expensive. In Arnold the median monthly rent is $1,927, which works out to $183 (9%) higher than Severna Park.
Pasadena
Pasadena is Severna Park's neighbor to the north. Housing prices there are significantly less expensive. The median home in Pasadena costs $314,400, which works out to $232,400 (73%) lower than Severna Park. The rent there is similar. In Pasadena the median monthly rent is $1,792, which comes out to $48 (2%) higher than Severna Park.
