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Hynesboro Lanham Seabrook Seabrook Acres Tyrol Estates West Lanham Hills

LANHAM, MD 20706

Real Estate Market Report  ·  Prince George's County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20706

Hynesboro · Lanham · Seabrook · Seabrook Acres · Tyrol Estates · West Lanham Hills

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LANHAM, MD real estate market (20706) currently shows 96 active listings, with 40 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 23 days last year.

The median listing price has fallen 6.4% year-over-year, from $505,000 to $472,500.

Whether you are buying or selling in LANHAM, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,797  ·  Density: 1,682.7/mi²  ·  Median household income: $99,555

Typical home value: $386,063  ·  Homeownership: 70.5%

Market Overview

Active Listings
96
⇧ 33.3% vs 72 last year
Pending
40
42% pending ratio
Median Price
$472,500
⇩ 6.4% vs $505,000 last year
Average Price
$476,474
⇩ 8% vs $518,162 last year
Days on Market
35
⇧ 52.2% vs 23 days last year

Price Per Square Foot

Median $/sqft
$249
⇩ 3.9% vs $259/sqft last year
Median Home Size
1,816 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 72 last year
  • Days on market: 35 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $472,500 (-6.4% YoY)
  • Average: $476,474 (-8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 869 listings ($447,026,899 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20706Lanham, MD 207060.0 mi89$42,215,192$467,500$474,328
20769Glenn Dale, MD 207692.4 mi22$16,540,766$775,000$751,853
20737Riverdale, MD 207373.5 mi31$15,754,820$457,450$508,220
20720Bowie, MD 207204.1 mi62$40,758,118$625,725$657,389
20721Bowie, MD 207214.5 mi60$42,173,580$626,250$702,893
20740College Park, MD 207405.0 mi53$28,140,350$486,475$530,950
20722Brentwood, MD 207225.7 mi16$7,333,120$421,250$458,320
20743Capitol Heights, MD 207436.1 mi144$53,079,696$365,498$368,609
20715Bowie, MD 207156.1 mi63$33,563,943$529,000$532,761
20783Hyattsville, MD 207836.8 mi60$15,487,560$160,500$258,126
20018Washington, DC 200187.1 mi97$70,089,193$619,000$722,569
20716Bowie, MD 207167.8 mi91$56,405,531$623,610$619,841
20747District Heights, MD 207477.9 mi81$25,485,030$346,248$314,630

Frequently Asked Questions

How many homes are for sale in LANHAM, MD 20706?

As of March 2026, there are 96 active listings in LANHAM, MD (zip code 20706), compared to 72 the prior year.

What is the median home price in LANHAM, MD 20706?

The median listing price in LANHAM, MD 20706 is $472,500 as of March 2026, a 6.4% decrease from $505,000 the prior year.

How long do homes stay on the market in LANHAM, MD?

Homes in LANHAM, MD 20706 spend an average of 35 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in LANHAM, MD 20706?

Based on current inventory and days-on-market data as of March 2026, LANHAM, MD 20706 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 23 days last year.

How much can I save on real estate commission in LANHAM, MD?

With SELL123.com's maximum 3% commission, sellers in LANHAM, MD 20706 save an estimated $9,450 compared to a typical 5% commission on the median listing price of $472,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.