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Sarah Mitchell

CNESRESABR

Compass Real Estate · Langley Park, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Langley Park, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Langley Park, MD Housing Market & Real Estate

Balanced market-4.7% YoY

Housing market overview · Updated monthly ·

$352,500median sale price

How is the Langley Park, MD housing market right now?

The median home sale price in Langley Park, MD is $352,500, down 4.7% year-over-year. Homes sell in an average of 99 days with 18 active listings. The market is currently a balanced 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 Langley Park a buyer's or seller's market?

Balanced market4.5 months of supply99 avg. days on market

Langley Park, MD is currently a balanced market, based on 4.5 months of supply and homes selling in about 99 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

99

Average pace

Active listings

18

4.5 months supply

Sale-to-list

100.7%

Above asking

What does the Langley Park housing market data show?

Current housing market statistics for Langley Park, MD
MetricValue
Median sale price$352,500
Median list price$202,500
Year-over-year price change-4.7%
Average days on market99 days
Active inventory18 listings
Months of supply4.5 months
Sale-to-list price ratio100.7%
Median price per sq ft$256/sq ft
Homes sold (latest month)4
New listings (latest month)10
Listings with a price cut11.1%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Langley Park by property type?

How the Langley Park, MD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Langley Park, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$455,000$247/sq ft121 days
Condo / Co-op$127,500$157/sq ft234 days
Townhouse$305,000$265/sq ft3104 days

Source: Redfin · Updated monthly

The Langley Park housing market is currently classified as a balanced market with a median sale price of $352,500. Prices have fallen 4.7% compared to last year, with homes spending an average of 99 days on market, indicating 4.5 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 4.7x provides context for how home values compare to local earning capacity.

Homes for sale in Langley Park

There are currently 18 homes listed for sale in Langley Park, Maryland. The median listing price is $203K.

Active listings

18

Homes on market

Median list price

$203K

Avg. days on market

99

Days until sale

New this week

10

Newly listed

Price drops:11.1%of listings
Sale-to-list:100.7%

Who lives in Langley Park?

Population

22,057

Median income

$82,038/yr

Median age

29.4 years

Owner-occupied

22.1%

College grads

8.8%

Avg commute

39.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Langley Park?

Zillow home value

$383,606

Zillow rent index

$1,501/mo

Price-to-rent ratio

21.3x

Price-to-income

4.7x

Source: Zillow Research

What is it like to live in Langley Park?

Langley Park is a community of approximately 22K residents with a median age of 29.4 years.The median household income is $82,038, which reflects a relatively affluent area with strong earning potential. 8.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 22.1%, showing a blend of owner and renter-occupied properties. The average commute time is 39.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Langley Park offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Langley Park, MD?

Want a head-to-head view? Compare Langley Park side-by-side with any other U.S. city using our market-comparison tool.

Is Langley Park a good real estate investment market?

For investors evaluating Langley Park, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Langley Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Langley Park's median home price.

Frequently asked questions

What is the average home price in Langley Park?

The median home sale price in Langley Park is $352,500, down 4.7% from last year.

How long do homes stay on market in Langley Park?

Homes typically spend 99 days on market before going under contract.

What is the median income in Langley Park?

The median household income is $82,038 per year.

Is Langley Park a buyer's or seller's market?

With 4.5 months of supply, Langley Park is currently a balanced market.

What is the Zillow home value estimate for Langley Park?

The Zillow Home Value Index (ZHVI) for Langley Park is $383,606, representing the typical home value in the area.

What is the median condo price in Langley Park?

The median condo/co-op sale price in Langley Park, MD is $127,500, compared to $455,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Langley Park?

The median single-family home price in Langley Park, MD is $455,000 (about $247 per square foot).

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