The Lanham housing market is somewhat competitive. The median sale price of a home in Lanham was $479K last month, up 9.8% since last year. The median sale price per square foot in Lanham is $258, up 23.7% since last year.
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How hot is the Lanham housing market?
Lanham is somewhat competitive. Homes sell in 30.5 days.
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100
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Somewhat Competitive
Redfin Compete Score™
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 31 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.
Home offer insights for Lanham
Explore recent offers and recently sold homes in Lanham
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lanham has a moderate risk of flooding. 379 properties in Lanham are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Lanham. Flood risk is increasing slower than the national average.
67% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lanham has a moderate risk of wildfire. There are 2,323 properties in Lanham that have some risk of being affected by wildfire over the next 30 years. This represents 67% of all properties in Lanham.
58% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lanham has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lanham is most at risk from hurricanes. 2,002 properties in Lanham have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.