Why Live in Bannockburn
Bannockburn, a serene residential neighborhood in Bethesda, Maryland, is located just 5 miles from downtown Bethesda and 4 miles from the Washington, D.C. border. Known for its peaceful suburban streets and close-knit community, Bannockburn features a variety of home styles, including ramblers, mid-century moderns, Colonial Revivals, and Cape Cods, many of which date back to the late 1930s. The neighborhood is characterized by winding streets, mature trees, and sidewalks. Residents benefit from highly-rated schools such as Bannockburn Elementary School, Thomas W. Pyle Middle School, and Walt Whitman High School. Bannockburn boasts a lower crime rate compared to the national average, contributing to its appeal. Local highlights include Glen Echo Park, a cultural hub with art classes, performances, and the historic Dentzel Carousel, as well as The Irish Inn, a popular restaurant with live music. Outdoor enthusiasts can enjoy the nearby Chesapeake & Ohio Canal towpath and the Capital Crescent Trail. While Bannockburn is strictly residential, essential amenities like Whole Foods, Safeway, and Giant are just 3 miles away, and downtown Bethesda offers a range of shopping and dining options. The neighborhood is car-dependent, with convenient access to Interstate 495 and major employment centers in Northern Virginia. Ronald Reagan Washington National Airport and Dulles International Airport are 15 and 20 miles away, respectively. Community events, such as the annual Spring Show and Bannockburn Music Festival, foster a strong sense of community among residents.
Home Trends in Bannockburn, MD
On average, homes in Bannockburn, Bethesda sell after 32 days on the market compared to the national average of 69 days. The median sale price for homes in Bannockburn, Bethesda over the last 12 months is $475,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$475,000
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$640,000
Median 2 Bedroom Sale Price
$174,900
Median 1 Bedroom Sale Price
$105,000
Average Price Per Sq Ft
$248
Number of Homes for Sale
5
Last 12 months Home Sales
98
Median List Price
$475,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%