Lexington Park, MD—20628

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$498,000
2.5% YoY Growth
Median Household Income
$160,000
1.4% 5-Year Growth
Days on Market
16
16.0% Shorter than last year
Home Price Forecast
0.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Lexington Park, MD

As of Aug '25 and according to Realtor.com, the median days on market for a home in Lexington Park, MD is 16. This is an decrease of -16.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$675,000130.0%
Listing Count
1N/A
Listings as % of Homes0.5%N/A
Days on Market
16-16.0%
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Demographics — Lexington Park, MD

MetricLatest CensusYoY % Change
Population
791183.5%
% Under 18
15.2%-16.9%
% Under 5N/AN/A
% Seniors
26.8%-5.3%
% WFH
0.0%N/A
% w/ College Degree
42.7%2.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
59.9%-40.1%
% Black
17.1%∞%
% Hispanic
12.3%∞%
% Asian
0.0%N/A
% Foreign Born
12.9%∞%
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Mortgage and Risk — Lexington Park, MD

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Lexington Park, MD in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Lexington Park, MD. Investor activity in Lexington Park, MD is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Lexington Park, MD

As of 2024, the percent of homes in Lexington Park, MD under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
5.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,620
2 BedroomN/AN/A$1,830
3 BedroomN/AN/A$2,280
4 BedroomN/AN/A$2,820

Affordability — Lexington Park, MD

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.9N/AN/A
Median Home Price$498,000N/AN/A
Median Household Income$160,000N/AN/A

Lexington Park, MD — ZIP Code Boundary Map

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Nearby ZIP Codes

Ridge, MD

20680

Saint Inigoes, MD

20684

Scotland, MD

20687

Saint Marys City

20686

Lexington Park, MD

20653