$4,513 Closing Credit*
$380,000
1,040 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ian Baylor, Listing Office: EXIT Deluxe Realty
Is Landover, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Landover has remained a Seller's Market.
Key Takeaway
Landover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Landover, MD
How much do homes in Landover, MD cost?
Median Sold Price
$320,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,000(+6.7%)
Key Takeaway
Homes in Landover have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Landover was $320,000 in December 2024, up 6.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.2K | - | N/A |
| 2 Bedrooms | $196K | $209K | +6.6% |
| 3 Bedrooms | $310K | $315K | +1.6% |
| 4 Bedrooms | $365K | $380K | +4.1% |
| 5+ Bedrooms | $410K | $431K | +5.1% |
Summary: Landover housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Kent Village | $294K | $326K | +10.9% |
| Landover | $300K | $320K | +6.7% |
Housing Supply in Landover, MD
How many homes are available in Landover, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Summary: The Landover real estate market had 53 homes for sale in December 2024, a 6.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Landover housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Landover, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Landover in December 2024, up by 18.2% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for Landover, MD
How long does it take to sell a home in Landover, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 42 Days | +78.4% |
Summary: Homes in Landover had an average of 42 days on market in Dec 2024, up by 78.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Landover are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in Landover; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
