Altos Research

Lanham, MD

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Lanham, MD

Fri Jul 19 2019
This week the median list price for Lanham, MD is $362,500 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has held steady at or around 34. Click here to stay informed with the Lanham market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lanham, MD

Fri Jul 19 2019
This week the median list price for Lanham, MD is $362,500 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has held steady at or around 34. Click here to stay informed with the Lanham market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lanham market.
Median List Price $362,500
Per Square Foot $203
Days on Market 62
Price Decreased 35%
Price Increased 3%
Relisted 9%
Inventory 34
Median House Rent $1,095
Most Expensive $574,500
Least Expensive $170,000
Market Action Index
Strong Seller's Market
65

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$542,456 2,975 0.25 - 0.5 acre 4 3 11 0 1 158
$389,950 1,880 0.25 - 0.5 acre 4 3 44 3 0 26
$329,000 1,751 8,000 - 10,000 sqft 4 2 53 1 2 32
$275,000 974 4,500 - 6,500 sqft 3 1 60 3 2 38