Lanham, MD Housing Market
The Lanham housing market is somewhat competitive. Homes in Lanham receive 1 offers on average and sell in around 40 days. The median sale price of a home in Lanham was $479K last month, up 6.4% since last year. The median sale price per square foot in Lanham is $258, up 18.3% since last year.
Lanham Housing Market Trends
In March 2024, Lanham home prices were up 6.4% compared to last year, selling for a median price of $479K. On average, homes in Lanham sell after 40 days on the market compared to 38 days last year. There were 12 homes sold in March this year, down from 13 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lanham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 47 days.
- Hot homescan sell for about 2% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 27 days.
- Hot homescan sell for about 1% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 41 days.
- Hot homescan sell for about 2% above list price and go pending in around 17 days.
Lanham Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Lanham from outside metros.
- New York homebuyers searched to move into Lanham more than any other metro followed by Atlanta and Hartford.
- 81% of Lanham homebuyers searched to stay within the Lanham metropolitan area.
- Salisbury was the most popular destination among Lanham homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Lanham
Recent offers
View houses in Lanham that sold recently
Recently sold homes
- $330,000 Last Sold Price3 beds2.5 baths1,864 sq ft10509 Storch Dr, Lanham, MD 20706(703) 533-8660List Price$350,000Sale to List6% under listDays on Market15 days10509 Storch Dr, Lanham, MD 20706
- $509,467 Last Sold Price3 beds3.5 baths1,925 sq ft4831 Vista Green Ln, Lanham, MD 20706(240) 457-9391List Price$490,185Sale to List4% over listDays on Market294 days4831 Vista Green Ln, Lanham, MD 20706
- $480,000 Last Sold Price3 beds2 baths2,605 sq ft6402 Cipriano Rd, Lanham, MD 20706(888) 400-2513List Price$484,900Sale to List1% under listDays on Market44 days6402 Cipriano Rd, Lanham, MD 20706
- $625,000 Last Sold Price4 beds3.5 baths3,193 sq ft9335 Copernicus Dr, Lanham, MD 20706(410) 531-0321List Price$620,000Sale to List1% over listDays on Market35 days9335 Copernicus Dr, Lanham, MD 20706
- $470,000 Last Sold Price5 beds2 baths1,073 sq ft9328 Fontana Dr, Lanham Seabrook, MD 20706(301) 441-9511List Price$459,000Sale to List2% over listDays on Market39 days9328 Fontana Dr, Lanham Seabrook, MD 20706
- $434,900 Last Sold Price4 beds2 baths1,150 sq ft7310 Powhatan St, Lanham, MD 20706(410) 729-7700List Price$434,900Sale to List0% over listDays on Market66 days7310 Powhatan St, Lanham, MD 20706
- $530,000 Last Sold Price6 beds3 baths2,898 sq ft9100 Good Luck Rd, Lanham, MD 20706(410) 874-8111List Price$525,000Sale to List1% over listDays on Market31 days9100 Good Luck Rd, Lanham, MD 20706
- $497,000 Last Sold Price3 beds3 baths1,600 sq ft7417 Wood Meadow Way, Lanham, MD 20706(202) 546-0055List Price$497,000Sale to List0% over listDays on Market125 days7417 Wood Meadow Way, Lanham, MD 20706
See all recently sold homes in Lanham.
See listings
Schools in Lanham
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Seabrook Elementary School Public • PreK-5 | 338 Students | 4 reviews |
4/10 Magnolia Elementary School Public • PreK-6 | 517 Students | 9 reviews |
3/10 Gaywood Elementary School Public • PreK-5 | 486 Students | 4 reviews |
3/10 James McHenry Elementary School Public • PreK-5 | 735 Students | 1 reviews |
Climate's impact on Lanham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lanham.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Lanham
More real estate resources for Lanham
New Listings in Lanham
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.