Altos Market Data for Realtors

Lanham, MD

Single-Family Homes

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Lanham, MD

Mon Dec 09 2019
This week the median list price for Lanham, MD is $347,500 with the market action index hovering around 54. This is an increase over last month's market action index of 50. Inventory has held steady at or around 34. Click here to stay informed with the Lanham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lanham, MD

Mon Dec 09 2019
This week the median list price for Lanham, MD is $347,500 with the market action index hovering around 54. This is an increase over last month's market action index of 50. Inventory has held steady at or around 34. Click here to stay informed with the Lanham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lanham market.
Median List Price $347,500
Per Square Foot $196
Days on Market 84
Price Decreased 44%
Price Increased 3%
Relisted 0%
Inventory 34
Median Rent $2,500
Most Expensive $699,900
Least Expensive $216,000
Market Action 54
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$509,950 2,729 6,500 - 8,000 sqft 4 3 22 1 2 151
$369,450 1,697 0.25 - 0.5 acre 4 3 51 0 4 37
$334,900 1,763 8,000 - 10,000 sqft 4 3 55 1 3 67
$284,900 1,265 0.25 - 0.5 acre 3 2 57 1 4 83