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Lexington Park, MD housing market

Lexington Park, MD metro median sale price $423K in Sep 2026, down 0.1% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Lexington Park, MD metro is $423K as of Sep 2026, down 0.1% from a year earlier. FHFA's repeat-sales index for the metro points the other way: up 0.4% through Q2 2026.

Lexington Park has the highest median sale price of the four Maryland metros Pecan Street tracks ($423K), ahead of Salisbury ($422K). Lexington Park has the fewest median days on market of the four Maryland metros (44 days); Hagerstown (46 days) is next. On share of listings with a price cut, Lexington Park (36%) ranks 3rd of the four Maryland metros, between Hagerstown (37%) and Salisbury (34%).

Listings spent a median 44 days on market in Sep 2026, fewer than in most of the 385 U.S. metros Pecan Street ranks on this measure. 36% of active listings carry a price cut, 1.6 points fewer than a year earlier.

At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,316 a month; at 28% of gross income, that takes about $99K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 0.9% from a year earlier. Active listings ask a median $224 per square foot, up 2.4% from a year earlier.

In six of the 11 ZIP codes in the table below, median list prices are lower than a year earlier; five are higher.

Headline

Median sale price

Sep 2026

$423K

-0.1% year-over-year

How it’s calculated

Rolling 3-month median sale price vs. same 3 months one year prior.

Mortgage rate

Oct 15, 2026

7.29%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$2,316/mo

$99K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Lexington Park compares to other U.S. metros

Days on market↓329th of 385
Home-price growth↓288th of 383
Price-to-rent166th of 373 (top 45%)
Price cuts198th of 385

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 16 +0.9% YoY
166th of 373 (top 45%)
Asking price / sq ft$224 +2.4% YoY

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 36% -1.6 pts YoY
198th of 385

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data11 shown of 36
MLS board of record—
Price methodologyRedfin vs FHFA HPI
Data as ofSep 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Price reconciliation

normal · 0.5pp

Redfin (metro)

-0.1%

FHFA HPI · Q2 2026

+0.4%

Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

More markets in MD

BaltimoreHagerstownSalisbury

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
20619$432K↓37↓26↑16↑27↓$397K↑
20634$414K↑25↑12↑14↑40↓$368K↑
20639$681K↑49↑18↓10↓50↑$619K↑
20650$615K↓40↓10↓14↑53↓$530K↑
20653$375K↓5322↓26↓33↓$387K↑
20657$394K↓91↑38↑30↑45↓$377K↑
20659$463K↑40↑22↓12↑48↑$440K↑
20678$461K↓36↑14↑16↑43↓$475K↑
20685$570K↑25↑6↑8↑63↓$456K↑
20732$541K↑41↑18↑28↑44↓$456K
20736$668K↓32↑22↑8↑23↓$614K

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.