Lexington Park, MD Home Values & Market Trends
Real estate market trends reflect that there have been 328 transactions over the past year in Lexington Park. The median value for residential home transactions that occurred over the previous year is $349,768.73. The number of current listings in Lexington Park is 26, and the percentage of properties for sale in the city is 26.00%. Lexington Park, MD currently has 13 properties in foreclosure, 5 bank owned properties, 2 properties headed for auction, and 26 properties for sale.
Lexington Park, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 20653 | $ 399,947 $ 187/sqft |
Housing Market Summary for Lexington Park, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $330K | $338.7K | 2.62% |
| Median Sold Price | $315.8K | $338.7K | 7.24% |
| Homes For Sale | 27 | 29 | 7.41% |
| Homes Sold | 161 | 132 | -18.01% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lexington Park, MD
Browse Homes in Lexington Park, MD
Lexington Park home values range from $26,879 to $2,191,136. The median estimated value of a home in Lexington Park is $349,768.73. The median list price of a home is 362,450, and the total count of properties in the city is 6,363.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Lexington Park, MD with 20653 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lexington Park, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $433,984 in 20653 to the lowest home value of $198,452 in 20653.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lexington Park, MD ranges from the highest value of $424,656 in 20653 to the lowest value of $178,895 in 20653. Bank owned homes and properties account for 0.08% of properties in Lexington Park, MD. There is 1 zips within Lexington Park, MD; 20653 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20653 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Lexington Park, MD. Auction homes and other auction properties account for 0.03% of all properties in Lexington Park, MD. There is 1 zips within Lexington Park, MD; of that zips, the median estimated home value for homes going to auction ranges from $580,000 in 20653 to the lowest value of $288,883 in 20653.
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Guide for Lexington Park, MD
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