Lake Arbor, MD
Housing market overview · Updated weekly
$388,145median sale price
Homes sold
4
Last 12 weeks
Days on market
173
Average pace
Active listings
28
7.0 months supply
Sale-to-list
99.5%
Below asking
The Lake Arbor housing market is currently classified as a buyer's market with a median sale price of $388,145. Prices have fallen 22.4% compared to last year, with homes spending an average of 173 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake Arbor
There are currently 28 homes listed for sale in Lake Arbor, Maryland. The median listing price is $385K.
Active listings
28
Homes on market
Median list price
$385K
Avg. days on market
173
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Lake Arbor?
The median home sale price in Lake Arbor is $388,145, down 22.4% from last year.
How long do homes stay on market in Lake Arbor?
Homes typically spend 173 days on market before going under contract.
Is Lake Arbor a buyer's or seller's market?
With 7.0 months of supply, Lake Arbor is currently a buyer's market.
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