Langley Park First-Time Homebuyer Report for October

Langley Park is much older than the rest of Maryland, with a median age of 29. It's less affluent than average as well, with a median income of $48,447 per household. The Langley Park market is mostly made up of detached homes, currently accounting for 67% overall. Heading the list of top schools in the city is Langley Park/McCormick Elementary School.

Price Range

The median value of homes in Langley Park is $140,500, making it one of the lower priced areas in Maryland. At the same time, the average list price of available homes is presently $204,850.

Make sure you take a look at these eye-catching homes in Langley Park that generated the most views from potential buyers:

$216K   $339K   $229K  

Typical Dwelling

A three-bedroom detached home valued around $274,111 is considered a typical dwelling in Langley Park. If a buyer was looking for a similar home, they would need good credit and a $54,822 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,377 and the property tax rate is $16.07 per $1,000 of taxable assessed value.

Get started right now by checking out Langley Park homes for sale or reviewing Langley Park real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
RE/MAX United Real Estate
65 reviews
Coldwell Banker Residential Brokerage
Snapped 1 home in this area
Keller Williams Realty
Snapped 4 homes in this area

Agents that specialize in this area
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