Is Landover Hills, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Landover Hills is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Landover Hills was a Seller's Market.

Key Takeaway

Landover Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Landover Hills, MD cost?

Median Sold Price

$360,000

$375/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$37,000(+11.5%)

Key Takeaway

Homes in Landover Hills have sold for 11.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $315K$360K
+14.3%
4 $331K-
N/A
5+ --
N/A

How many homes are available in Landover Hills, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
770.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 32
-33.3%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Landover Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Sep 2022Oct 2022%
32 Days6 Days-81.5%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Landover Hills are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Landover Hills, MD

Landover Hills, MD has 7 homes on the market. Listings spent 6 days on the market in October 2022, and had a median list price of $360,000 during the same period. From October 2021 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 14.3%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 33.3%, 4 bedrooms homes inventory decreased by 33.3%, number of 5 bedrooms homes remained the same. In October 2022, from all listings sold in Landover Hills, MD there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.