20706 Real Estate Market

20706 Market

The median sale price for homes in 20706 over the last 12 months is $205,000.


The median mortgage debt is $154,636.

Additional Statistics for Single Family Homes and Condos in Lanham, MD
$200,600
Median Listing Price
52
Median Days on Market
70
Active Listings
55.7%
Distressed Listings
(foreclosures and short sales)
20706 (Lanham, MD) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lanham is $209,950. The list prices dropped by -0.96% from the previous month.

The price per square foot for listings in this area is $154.

The median sale price in December for single family homes is $181,450. The sale prices increased by 27.41% from the previous month.

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20706 (Lanham, MD) Market Inventory Trends

The number of active listings in Lanham dropped by 16.7% from the previous month.

The median number of days active properties have been listed is 54. This is significantly shorter than the national average.

The number of sales in December dropped by 31.3% from the previous month.

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20706 (Lanham, MD) Property Ownership

The percent of unoccupied properties is very low in Lanham. It is -9.6% below the national average.

The percent of rental properties in Lanham is 10.77% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.