20706 Home Values & Market Trends

There are 41 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 $411,649.65. The total number of properties sold within the past twelve months is 338. In 20706, 24 properties are in foreclosure, 3 are bank owned properties,and 5 are headed for auction.

20706 Real Estate Market Overview

CityMedian Est. Value
Lanham

$ 413,945

$ 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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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 20706

The median list price of a home in Lanham, is $411,649.65. A total of 41 properties are for sale, and the percentage of properties for sale in the zip code is 41.00%. 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 0.14% of all residential properties in 20706 with lanham containing 15 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 3 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 0.37% of residential properties in 20706 with lanham containing 38 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 $705,933 in lanham to the lowest value of $93,330 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 213 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.10% of properties in 20706.

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      Guide for 20706

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes 20706

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