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Featured local agent — Lanham, MD
Sarah Mitchell
Compass Real Estate · Lanham, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lanham, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$454,950median sale price
How is the Lanham, MD housing market right now?
The median home sale price in Lanham, MD is $454,950, down 8.7% year-over-year. Homes sell in an average of 35 days with 18 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 Lanham a buyer's or seller's market?
Lanham, MD is currently a seller's market, based on 2.3 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
35
Average pace
Active listings
18
2.3 months supply
Sale-to-list
102.4%
Above asking
What does the Lanham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $454,950 |
| Median list price | $479,950 |
| Year-over-year price change | -8.7% |
| Average days on market | 35 days |
| Active inventory | 18 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 8 |
| Listings with a price cut | 44.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lanham by property type?
How the Lanham, 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 | $454,950 | $245/sq ft | 6 | 32 days |
| Townhouse | $468,500 | $223/sq ft | 2 | 54 days |
Source: Redfin · Updated monthly
The Lanham housing market is currently classified as a seller's market with a median sale price of $454,950. Prices have fallen 8.7% compared to last year, with homes spending an average of 35 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lanham
There are currently 18 homes listed for sale in Lanham, Maryland. The median listing price is $480K.
Active listings
18
Homes on market
Median list price
$480K
Avg. days on market
35
Days until sale
New this week
8
Newly listed
Who lives in Lanham?
Population
11,956
Median income
$95,488/yr
Median age
40.1 years
Owner-occupied
76.8%
College grads
24.1%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lanham?
Lanham is a community of approximately 12K residents with a median age of 40.1 years.The median household income is $95,488, which reflects a relatively affluent area with strong earning potential. 24.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lanham offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lanham?
9 schools tracked · 7,126 students
The largest public schools serving Lanham, 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.
Duval High
Grades 9-12 · 2,484 students
Thomas Johnson Middle
Grades 6-8 · 1,239 students
Legends Public Charter School
Grades K-8 · 893 students
James McHenry Elementary
Grades PK-5 · 676 students
Gaywood Elementary
Grades PK-5 · 506 students
Glenarden Woods Elementary
Grades 2-5 · 496 students
Catherine T. Reed Elementary
Grades PK-5 · 435 students
Magnolia Elementary
Grades PK-5 · 397 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 Lanham, MD?
Want a head-to-head view? Compare Lanham side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lanham?
The median home sale price in Lanham is $454,950, down 8.7% from last year.
How long do homes stay on market in Lanham?
Homes typically spend 35 days on market before going under contract.
What is the median income in Lanham?
The median household income is $95,488 per year.
Is Lanham a buyer's or seller's market?
With 2.3 months of supply, Lanham is currently a seller's market.
How much does a single-family home cost in Lanham?
The median single-family home price in Lanham, MD is $454,950 (about $245 per square foot).
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