The housing market in Landover, MD is currently quite strong. The median value of homes in the area is $296,200, which is slightly lower than the US house median value of $338,100. Although the appreciation rate for houses in the US over the past year has been 8.27%, house appreciation in Landover, MD has been even higher at 6.91%. This indicates that home values are going up in this area more quickly than the national average, making it an attractive option for potential buyers and investors.
The median home cost in Landover is $296,200. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Landover is up 10.7%.
Average Age of Homes
- The median age of Landover real estate is 50 years old
The Rental Market in Landover
- Renters make up 51.4% of the Landover population
- 1.3% of houses and apartments in Landover, 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.