What is the median home value in Severna Park, MD?

The median value of owner-occupied homes in Severna Park, MD is $647,200 (±$16,918), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Severna Park, the median home value went from $546,800 in 2015–2019 to $647,200 in 2020–2024 (+18.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$647,200 (±$16,918)
Owner-occupied homes
12,376 (±783)
Most common range
$500,000 to $999,999

Home values in Severna Park

Owner-occupied homes by value, 2020–2024
ValueSeverna ParkAnne Arundel CountyMarylandUnited States
Less than $50,0001.2% (±0.7 points)2.6%3.0%5.3%
$50,000 to $99,9990.4% (±0.3 points)0.9%2.0%6.1%
$100,000 to $149,9990.0% (±0.3 points)0.7%2.7%6.8%
$150,000 to $199,9990.3% (±0.3 points)1.9%4.8%9.0%
$200,000 to $299,9992.8% (±1.3 points)9.4%14.8%17.8%
$300,000 to $499,99921.9% (±2.5 points)41.2%37.1%26.9%
$500,000 to $999,99963.8% (±3.0 points)36.1%29.7%20.9%
$1,000,000 or more9.7% (±1.3 points)7.2%6.0%7.1%

The most common range is $500,000 to $999,999, 63.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Severna Park against Anne Arundel County, its state and the nation

Estimate (90% margin of error)
Severna ParkAnne Arundel CountyMarylandUnited States
Median home value$647,200 (±$16,918)$467,900 (±$3,896)$419,900 (±$1,385)$332,700
Owner-occupied homes12,376 (±783)168,852 (±1,914)1,597,565 (±8,362)84,210,142

In Severna Park, the median home value is higher than in Anne Arundel County ($467,900).

It is also higher than in Maryland ($419,900).

It is higher than the national figure ($332,700).

In Anne Arundel County, Severna Park ranks 5 of 29 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 44 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Severna Park have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$546,800 (±$14,076)$647,200 (±$16,918)+18.4%No measurable change after inflation
Median owner cost with a mortgage$2,765 (±$78)$3,131 (±$90)+13.2%Down after inflation
Median real estate taxes$4,146 (±$152)$5,037 (±$248)+21.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Severna Park

Nearest places with a published estimate, compared with Severna Park
PlaceDistanceMedian home valueCompared with this place
Severna Park—$647,200 (±$16,918)—
Arden on the Severn2.1 mi$478,700 (±$38,834)Lower
Herald Harbor2.5 mi$598,600 (±$96,021)Not measurably different
Lake Shore4.1 mi$473,600 (±$24,380)Lower
Arnold4.4 mi$564,200 (±$24,863)Lower
Gambrills4.6 mi$584,800 (±$27,252)Lower
Crownsville4.6 mi$997,700 (±$283,546)Higher
Pasadena4.8 mi$423,400 (±$11,169)Lower
Glen Burnie5.3 mi$348,900 (±$7,912)Lower

Nearby places with a measurably lower figure: Arden on the Severn, MD ($478,700), Lake Shore, MD ($473,600), Arnold, MD ($564,200).

Nearby places with a measurably higher figure: Crownsville, MD ($997,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Anne Arundel County, place by place

RankPlaceMedian home value
1Crownsville$997,700 (±$283,546)
2Highland Beach$767,900 (±$180,309)
3Galesville$752,200 (±$212,987)
4Annapolis Neck$739,100 (±$49,721)
5Severna Park$647,200 (±$16,918)
6Riva$644,500 (±$32,196)
7Mayo$604,900 (±$33,510)
8Herald Harbor$598,600 (±$96,021)
9Gambrills$584,800 (±$27,252)
10Arnold$564,200 (±$24,863)
11Annapolis$548,900 (±$32,957)

Showing 11 of 29 places in Anne Arundel County, ranked from highest to lowest.

Severna Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Severna Park

What is the average home value in Severna Park, MD?

The Census Bureau publishes the median: $647,200 (±$16,918) for owner-occupied homes in Severna Park (2020–2024 American Community Survey).

Have home values in Severna Park gone up?

In Severna Park, the median home value went from $546,800 in 2015–2019 to $647,200 in 2020–2024 (+18.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Severna Park sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Severna Park CDP, Maryland (place:71200, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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