20706 Home Values & Market Trends

There are 39 homes currently listed for 20706. 20706 real estate market trends show that home prices range from $189,900 to $785,000, and the median sales price in the 20706 zip code is $411,664.01. The total number of properties sold within the past twelve months is 343. In 20706, 24 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.

20706 Real Estate Market Overview

CityMedian Est. Value
Lanham

$ 423,661

$ 238/sqft

Housing Market Summary for 20706

Apr 2023March 2024Change
Median Listing Price$387.5K$416.3K7.42%
Median Sold Price$412.6K$416.3K0.88%
Homes For Sale3837-2.63%
Homes Sold254219-13.78%
Price
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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 20706

The median list price of a home in Lanham, is $411,664.01. A total of 39 properties are for sale, and the percentage of properties for sale in the zip code is 39.00%. The total count of 20706 properties is 11,133.

Foreclosure
There is 1 cities within 20706; within this cities, the median estimated home value for homes in foreclosure ranges from $504,115 in lanham to the lowest value of $97,839 in lanham. Foreclosure homes account for 0.00% of properties in 20706 with lanham containing 21 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in 20706 with lanham containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 20706; of that cities, the estimated home value for pre-foreclosure homes ranges from $504,115 in lanham to the lowest home value of $97,839 in lanham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 20706 ranges from the highest value of $477,076 in lanham to the lowest value of $392,021 in lanham. Bank owned homes and properties account for 0.03% of properties in 20706. There is 1 cities within 20706; lanham containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lanham has 2 auction properties, the highest number of properties going to auction in a single city in the state of 20706. Auction homes and other auction properties account for 0.04% of all properties in 20706. There is 1 cities within 20706; of that cities, the median estimated home value for homes going to auction ranges from $435,000 in lanham to the lowest value of $379,642 in lanham.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in 20706 with lanham containing 34 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 20706; homes for sale in that cities, have a range of median values from $727,164 in lanham to the lowest value of $252,572 in lanham.
    Sold Homes
    The median value for recently sold homes ranges from $1,946,559 in lanham to the lowest price of $28,172 in lanham. There is 1 cities within 20706. lanham has 211 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.08% of properties in 20706.

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      Guide for 20706

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      Market Reports
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.

      Recently Listed Homes 20706

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