20706 Home Values & Market Trends
There are 569 homes currently listed for 20706. 20706 real estate market trends show that home prices range from $125,000 to $990,000, and the median sales price in the 20706 zip code is $458,177. The total number of properties sold within the past twelve months is 315. In 20706, 31 properties are in foreclosure, 13 are bank owned properties,and 9 are headed for auction.
20706 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lanham | $ 466,151 $ 282/sqft |
Housing Market Summary for 20706
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $459.9K | $460K | 0.01% |
| Median Sold Price | $455.2K | $432.9K | -4.90% |
| Homes For Sale | 347 | 559 | 61.10% |
| Homes Sold | 122 | 89 | -27.05% |
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 20706
Browse Homes in 20706
The median list price of a home in Lanham, is $458,177. A total of 569 properties are for sale, and the percentage of properties for sale in the zip code is 569.00%. The total count of 20706 properties is 718.
- Pre-ForeclosurePre-foreclosure homes account for 1.25% of all residential properties in 20706 with lanham containing 7 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 $779,644 in lanham to the lowest home value of $368,585 in lanham.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 20706 ranges from the highest value of $693,677 in lanham to the lowest value of $325,000 in lanham. Bank owned homes and properties account for 1.81% of properties in 20706. There is 1 cities within 20706; lanham containing 12 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslanham has 9 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 1.25% 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 $504,719 in lanham to the lowest value of $262,049 in lanham.
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More Real Estate Resources for 20706
Guide for 20706
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
