The Lorel Park housing market is very competitive. The median sale price of a home in Lorel Park was $417K last month, up 32.2% since last year. The median sale price per square foot in Lorel Park is $271, up 29.3% since last year.
What is the housing market like in Lorel Park today?
$417K
Sale Price
+32.2% since last year
$271
Sale $/Sq. Ft.
+29.3% since last year
Over List Price
0.3%
Days on Market
47.5
Down Payment
20.0%
Total Homes Sold
4
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How hot is the Lorel Park housing market?
Lorel Park is very competitive. Homes sell in 47.5 days.
0
100
71
Very 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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 48 days.
Hot homes
can sell for about 3% above list price and go pending in around 34 days.
Home offer insights for Lorel Park
Explore recent offers and recently sold homes in Lorel Park
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$475K Offer
Sold for $500K
4bd | 2ba | ~1,750sqft
Under List Price
3%
Days on Market
38
Competing Offers
9
Down Payment
~20%
Nathan Freeborn
Lorel Park Redfin Agent
Buyer made a strong as-is, above list price offer. But there were a total of 10 offers and the seller chose a cash buyer that aggressively bid above the list price.…
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 Lorel Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lorel Park.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Lorel Park has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information