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Featured local agent — La Plata, MD
Sarah Mitchell
Compass Real Estate · La Plata, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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La Plata, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$462,500median sale price
How is the La Plata, MD housing market right now?
The median home sale price in La Plata, MD is $462,500, up 8.5% year-over-year. Homes sell in an average of 46 days with 56 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is La Plata a buyer's or seller's market?
La Plata, MD is currently a seller's market, based on 3.1 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
46
Average pace
Active listings
56
3.1 months supply
Sale-to-list
100.3%
Above asking
What does the La Plata housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $462,500 |
| Median list price | $435,000 |
| Year-over-year price change | +8.5% |
| Average days on market | 46 days |
| Active inventory | 56 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 29 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in La Plata by property type?
How the La Plata, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $533,300 | $205/sq ft | 9 | 44 days |
| Condo / Co-op | $382,000 | $197/sq ft | 1 | 211 days |
| Townhouse | $439,000 | $185/sq ft | 9 | 56 days |
Source: Redfin · Updated monthly
The La Plata housing market is currently classified as a seller's market with a median sale price of $462,500. Prices have risen 8.5% compared to last year, with homes spending an average of 46 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in La Plata
There are currently 56 homes listed for sale in La Plata, Maryland. The median listing price is $435K.
Active listings
56
Homes on market
Median list price
$435K
Avg. days on market
46
Days until sale
New this week
29
Newly listed
Who lives in La Plata?
Population
10,470
Median income
$121,707/yr
Median age
41.5 years
Owner-occupied
77.5%
College grads
33.9%
Avg commute
39.3 min
Source: U.S. Census Bureau ACS
What are homes worth in La Plata?
Zillow home value
$486,292
Zillow rent index
$2,436/mo
Price-to-rent ratio
16.6x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in La Plata?
La Plata is a community of approximately 10K residents with a median age of 41.5 years.The median household income is $121,707, which reflects a relatively affluent area with strong earning potential. 33.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, La Plata offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Milton M. Somers Middle School
Grades 6-8 · 659 students
Walter J. Mitchell Elementary School
Grades PK-5 · 605 students
Mary H. Matula Elementary School
Grades PK-5 · 578 students
F. B. Gwynn Educational Center
Grades PK · 4 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near La Plata, MD?
Want a head-to-head view? Compare La Plata side-by-side with any other U.S. city using our market-comparison tool.
Is La Plata a good real estate investment market?
For investors evaluating La Plata, the price-to-rent ratio of 16.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on La Plata's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using La Plata's median home price.
Frequently asked questions
What is the average home price in La Plata?
The median home sale price in La Plata is $462,500, up 8.5% from last year.
How long do homes stay on market in La Plata?
Homes typically spend 46 days on market before going under contract.
What is the median income in La Plata?
The median household income is $121,707 per year.
Is La Plata a buyer's or seller's market?
With 3.1 months of supply, La Plata is currently a seller's market.
What is the Zillow home value estimate for La Plata?
The Zillow Home Value Index (ZHVI) for La Plata is $486,292, representing the typical home value in the area.
What is the median condo price in La Plata?
The median condo/co-op sale price in La Plata, MD is $382,000, compared to $533,300 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in La Plata?
The median single-family home price in La Plata, MD is $533,300 (about $205 per square foot).
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