Lusby, MD Home Values & Market Trends

Real estate market trends reflect that there have been 361 transactions over the past year in Lusby. The median value for residential home transactions that occurred over the previous year is $340,657.19. The number of current listings in Lusby is 37, and the percentage of properties for sale in the city is 37.00%. Lusby, MD currently has 24 properties in foreclosure, 6 bank owned properties, 12 properties headed for auction, and 37 properties for sale.

Lusby, MD Real Estate Market Overview

ZipMedian Est. Value
20657

$ 349,340

$ 237/sqft

Housing Market Summary for Lusby, MD

Apr 2023March 2024Change
Median Listing Price$329.9K$329.6K-0.09%
Median Sold Price$316.7K$329.6K4.07%
Homes For Sale4731-34.04%
Homes Sold198184-7.07%
Price
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Homes For Sale
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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%.

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Browse Homes in Lusby, MD

Lusby home values range from $30,193 to $3,013,476. The median estimated value of a home in Lusby is $340,657.19. The median list price of a home is 319,000, and the total count of properties in the city is 7,697.

Foreclosure
There is 1 zips within Lusby, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $592,133 in 20657 to the lowest value of $169,886 in 20657. Foreclosure homes account for 0.00% of properties in Lusby, MD with 20657 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Lusby, MD with 20657 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lusby, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $467,402 in 20657 to the lowest home value of $248,799 in 20657.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lusby, MD ranges from the highest value of $391,402 in 20657 to the lowest value of $208,843 in 20657. Bank owned homes and properties account for 0.08% of properties in Lusby, MD. There is 1 zips within Lusby, MD; 20657 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20657 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Lusby, MD. Auction homes and other auction properties account for 0.16% of all properties in Lusby, MD. There is 1 zips within Lusby, MD; of that zips, the median estimated home value for homes going to auction ranges from $592,133 in 20657 to the lowest value of $169,886 in 20657.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Lusby, MD with 20657 containing 37 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lusby, MD; homes for sale in that zips, have a range of median values from $750,000 in 20657 to the lowest value of $80,684 in 20657.
    Sold Homes
    The median value for recently sold homes ranges from $1,315,509 in 20657 to the lowest price of $97,498 in 20657. There is 1 zips within Lusby, MD. 20657 has 183 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.38% of properties in Lusby, MD.

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      Guide for Lusby, MD

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      Recently Listed Homes Lusby, MD

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