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Affordable Housing in Lexington Park, MD

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Living in Lexington Park, MD

Lexington Park is a vibrant community in Southern Maryland, offering a mix of outdoor activities and modern amenities. Families and young professionals are drawn to its strong educational institutions and local events that create a sense of belonging. Its convenient access to major highways and proximity to the Patuxent River makes it an appealing investment location.

Current Market Conditions in Lexington Park, MD

The real estate market in Lexington Park is currently experiencing steady growth due to increased demand for housing driven by the presence of the Naval Air Station. Home prices have been gradually rising, making the market attractive for investment, as buyers are eager to settle in this community.

In addition to residential growth, there is potential for commercial development as Lexington Park continues to expand. Investors can expect a favorable return on investment as more amenities and services are introduced to support the growing population.

Home Value Estimator For Lexington Park, MD

There are currently 6,853 real estate properties in Lexington Park, MD, with a median automated valuation model (AVM) price of $363,515.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lexington Park, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lexington Park, MD, is $416,445.00, with the most expensive house in Lexington Park, MD, topping out at $54,692,360.00 and the cheapest home in Lexington Park, MD, clocking in at $22,648.00. In other words, there’s something for every potential homebuyer or savvy investor in Lexington Park, MD!

Rent Prices In Lexington Park, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lexington Park, MD, is on a rollercoaster ride. The average rent price in Lexington Park, MD, is $1,818.00. Indeed, when looking to rent in Lexington Park, MD, you can expect to pay as little as $860.00 or as much as $5,360.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Lexington Park, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lexington Park, MD Affordable Housing


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