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Featured local agent — Largo, MD

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Largo, MD

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

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

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Largo, MD Housing Market & Real Estate

Seller's market+14.0% YoY

Housing market overview · Updated monthly ·

$490,000median sale price

How is the Largo, MD housing market right now?

The median home sale price in Largo, MD is $490,000, up 14.0% year-over-year. Homes sell in an average of 34 days with 32 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 Largo a buyer's or seller's market?

Seller's market2.1 months of supply34 avg. days on market

Largo, MD is currently a seller's market, based on 2.1 months of supply and homes selling in about 34 days. How we determine this →

Homes sold

15

Last 12 weeks

Days on market

34

Average pace

Active listings

32

2.1 months supply

Sale-to-list

99.4%

Below asking

What does the Largo housing market data show?

Current housing market statistics for Largo, MD
MetricValue
Median sale price$490,000
Median list price$480,000
Year-over-year price change+14.0%
Average days on market34 days
Active inventory32 listings
Months of supply2.1 months
Sale-to-list price ratio99.4%
Median price per sq ft$220/sq ft
Homes sold (latest month)15
New listings (latest month)10
Listings with a price cut25.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Largo by property type?

How the Largo, 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 Largo, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$580,950$232/sq ft623 days
Condo / Co-op$114,500$145/sq ft443 days
Townhouse$490,000$306/sq ft539 days

Source: Redfin · Updated monthly

The Largo housing market is currently classified as a seller's market with a median sale price of $490,000. Prices have risen 14.0% compared to last year, with homes spending an average of 34 days on market, indicating 2.1 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 Largo

There are currently 32 homes listed for sale in Largo, Maryland. The median listing price is $480K.

Active listings

32

Homes on market

Median list price

$480K

Avg. days on market

34

Days until sale

New this week

10

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.4%

Who lives in Largo?

Population

11,753

Median income

$106,875/yr

Median age

38.4 years

Owner-occupied

62.4%

College grads

50.3%

Avg commute

34.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Largo?

Largo is a community of approximately 12K residents with a median age of 38.4 years.The median household income is $106,875, which reflects a relatively affluent area with strong earning potential. 50.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 62.4%, showing a blend of owner and renter-occupied properties. The average commute time is 34.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Largo offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Largo?

1 schools tracked · 407 students

The largest public schools serving Largo, 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.

Academy of Health Sciences at PGCC

Grades 9-12 · 407 students

Public

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 Largo, MD?

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

Frequently asked questions

What is the average home price in Largo?

The median home sale price in Largo is $490,000, up 14.0% from last year.

How long do homes stay on market in Largo?

Homes typically spend 34 days on market before going under contract.

What is the median income in Largo?

The median household income is $106,875 per year.

Is Largo a buyer's or seller's market?

With 2.1 months of supply, Largo is currently a seller's market.

What is the median condo price in Largo?

The median condo/co-op sale price in Largo, MD is $114,500, compared to $580,950 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Largo?

The median single-family home price in Largo, MD is $580,950 (about $232 per square foot).

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