La Plata, MD Housing Market & Real Estate

Seller's market-11.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in La Plata, MD is $405,500, down 11.0% year-over-year. Homes sell in an average of 78 days with 45 active listings. The market is currently a seller's market.

$405,500median sale price

Is La Plata a buyer's or seller's market?

Seller's market1.9 months of supply78 avg. days on market

La Plata, MD is currently a seller's market, based on 1.9 months of supply and homes selling in about 78 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

78

Average pace

Active listings

45

1.9 months supply

Sale-to-list

98.4%

Below asking

La Plata, MD market data

Current housing market statistics for La Plata, MD
MetricValue
Median sale price$405,500
Median list price$429,695
Year-over-year price change-11.0%
Average days on market78 days
Active inventory45 listings
Months of supply1.9 months
Sale-to-list price ratio98.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

The La Plata housing market is currently classified as a seller's market with a median sale price of $405,500. Prices have fallen 11.0% compared to last year, with homes spending an average of 78 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in La Plata

There are currently 45 homes listed for sale in La Plata, Maryland. The median listing price is $430K.

Active listings

45

Homes on market

Median list price

$430K

Avg. days on market

78

Days until sale

New this week

18

Newly listed

Price drops:22.2%of listings
Sale-to-list:98.4%

Top public schools in La Plata

5 schools tracked · 3,063 students

The largest public schools serving La Plata, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

La Plata High School

Grades 9-12 · 1,217 students

Public

Milton M. Somers Middle School

Grades 6-8 · 659 students

Public

Walter J. Mitchell Elementary School

Grades PK-5 · 605 students

Public

Mary H. Matula Elementary School

Grades PK-5 · 578 students

Public

F. B. Gwynn Educational Center

Grades PK · 4 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in La Plata?

The median home sale price in La Plata is $405,500, down 11.0% from last year.

How long do homes stay on market in La Plata?

Homes typically spend 78 days on market before going under contract.

Is La Plata a buyer's or seller's market?

With 1.9 months of supply, La Plata is currently a seller's market.

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