Lake Arbor, MD

Buyer's market-22.4% YoY

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

Price drops:10.7%of listings
Sale-to-list:99.5%

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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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