Altos Market Data for Realtors

Lanham, MD

Single-Family Homes

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Lanham, MD

Tue Oct 27 2020
This week the median list price for Lanham, MD is $350,000 with the market action index hovering around 94. This is an increase over last month's market action index of 86. Inventory has held steady at or around 10. 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

Tue Oct 27 2020
This week the median list price for Lanham, MD is $350,000 with the market action index hovering around 94. This is an increase over last month's market action index of 86. Inventory has held steady at or around 10. 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 $350,000
Per Square Foot $189
Days on Market 20
Price Decreased 10%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent $1,500
Most Expensive $639,900
Least Expensive $180,000
Market Action 94
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
$568,950 3,397 0.25 - 0.5 acre 4 3 23 0 1 31
$414,950 2,190 8,000 - 10,000 sqft 4 2 53 0 2 10
$325,000 1,248 6,500 - 8,000 sqft 4 2 49 0 3 35
$220,000 1,320 6,500 - 8,000 sqft 3 2 57 2 1 2