Langley Park, MD—20783
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Langley Park, MD
As of Oct '25, the median home price in Langley Park, MD is $403,000, with a year-over-year change of 1.3%. This indicates that home prices in Langley Park, MD are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $403,000 | 1.3% |
| Single Family | $430,000 | 0.5% |
| Condos | $144,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $122,000 | -1.6% |
2 Bed | $156,000 | -0.6% |
3 Bed | $413,000 | 1.0% |
4 Bed | $465,000 | -0.2% |
| 5 Bed | $491,000 | -0.2% |
% of Housing Stock
Rental Trends — Langley Park, MD
As of July '25, Rentcast reports the average rent in Langley Park, MD is $2,190, with a year-over-year rent change of 28.1%. Per bedroom, the median rent as of July '25 in Langley Park, MD is studios: $1,230, 1-bedrooms: $1,390, 2-bedrooms: $1,880, 3-bedrooms: $2,770, 4-bedrooms: $3,210. The most common rental property sizes in Langley Park, MD are 2-bedroom and 1-bedroom, accounting for 49.5% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,190 |
| Studio Rent | $1,180 | $1,230 |
| 1 Bed Rent | $1,350 | $1,390 |
| 2 Bed Rent | $2,000 | $1,880 |
| 3 Bed Rent | $2,500 | $2,770 |
| 4 Bed Rent | $3,100 | $3,210 |
% of Rental Stock
Property Listings — Langley Park, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Langley Park, MD is 40. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | 29.0% |
Listing Count | 78 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 40 | -7.0% |
Demographics — Langley Park, MD
As of the latest ACS Survey released in 2023, Langley Park, MD has a population of 50,900, which has increased by 11.7% over the past 5 years. Langley Park, MD is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,900 | 11.7% |
% Under 18 | 29.1% | 10.6% |
% Seniors | 9.3% | 8.1% |
% WFH | 6.8% | 300.0% |
% w/ College Degree | 18.7% | 0.0% |
As of the latest ACS Survey released in 2023, Langley Park, MD is a predominantly hispanic area, with 68.3% of the population identifying as hispanic. The hispanic population has grown by 5.7% in the last 5 years. The second most common race or ethnicity in Langley Park, MD is black, making up 22.3% of the population. Foreign-born residents account for 59.8% of the population in Langley Park, MD, and this percentage has increased by 6.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.4% | -3.6% |
% Black | 22.3% | -10.4% |
% Hispanic | 68.3% | 5.7% |
% Asian | 3.0% | -33.3% |
% Foreign Born | 59.8% | 6.8% |
Mortgage and Risk — Langley Park, MD
According to HUD data as of 2023, there were 228 mortgage originations in Langley Park, MD, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Langley Park, MD. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 228 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Langley Park, MD
As of 2024, the percent of homes in Langley Park, MD under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Langley Park, MD, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 87 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,350 | $1,800 |
| 2 Bedroom | $30 | $2,000 | $2,030 |
| 3 Bedroom | $40 | $2,500 | $2,540 |
| 4 Bedroom | -$110 | $3,100 | $2,990 |
Affordability — Langley Park, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $403,000 |
| Median Household Income | $87,100 |