The housing market in Langley Park, MD is incredibly vibrant and stable. The median value of homes in the area is $336,500—slightly lower than the United States' median value of $338,100. However, the appreciation of these homes over the past year has increased by 6.06%, which is slightly lower than the nation's 8.27% increase. It's clear that homeowners in Langley Park are getting good value for their investment, and can feel secure in putting down roots in this Maryland neighborhood.
The median home cost in Langley Park is $336,500. Home appreciation the last 10 years has been 81.5%. Home Appreciation in Langley Park is up 10.4%.
Average Age of Homes
- The median age of Langley Park real estate is 57 years old
The Rental Market in Langley Park
- Renters make up 71.6% of the Langley Park population
- 0.6% of houses and apartments in Langley Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.