Zip 20783 (Langley Park, MD) Housing

Housing in 20783 Langley Park, MD is quite expensive compared to the national median value. The median housing value in 20783 Langley Park is $380,100, significantly higher than the US median value of $338,100. Additionally, the appreciation rate of housing in this area is 6.91%, lower than the US average of 8.27%. Therefore, although housing is more expensive here than in other parts of the country, it appears to be a stable investment with a relatively low rate of appreciation.

The median home cost in Langley Park (zip 20783) is $380,100. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Langley Park (zip 20783) is up 10.7%.

Average Age of Homes

- The median age of Langley Park (zip 20783) real estate is 56 years old

The Rental Market in Langley Park (zip 20783)

- Renters make up 54.0% of the Langley Park (zip 20783) population
- 0.8% of houses and apartments in Langley Park (zip 20783), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Langley Park, Maryland	United States
	14,208.0	139,647,020.0
	59	42
	$380,100	$338,100
	10.7%	16.6%
	44.2%	57.0%
	86.5%	101.1%
	$11.46	$10.98
	$3,868	$2,690
	39.7%	57.4%
	4.8%	11.2%
	55.5%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.5%	2.4%
	2.4%	2.8%
	1.7%	3.9%
	4.3%	4.5%
	3.2%	11.3%
	3.6%	13.0%
	17.1%	20.1%
	41.2%	13.6%
	19.2%	8.3%
	4.1%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	12.9%	13.6%
	5.6%	13.2%
	12.9%	14.8%
	12.9%	13.6%
	33.2%	10.0%
	7.7%	4.7%
	3.9%	12.2%

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