What is the median home value in Lake Arbor, MD?

The median value of owner-occupied homes in Lake Arbor, MD is $460,600 (±$28,759), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Arbor, the median home value went from $315,600 in 2015–2019 to $460,600 in 2020–2024 (+45.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$460,600 (±$28,759)
Owner-occupied homes
3,991 (±514)
Most common range
$300,000 to $499,999

Home values in Lake Arbor

Owner-occupied homes by value, 2020–2024
ValueLake ArborPrince George's CountyMarylandUnited States
Less than $50,0001.3% (±1.1 points)3.2%3.0%5.3%
$50,000 to $99,9990.1% (±0.2 points)1.2%2.0%6.1%
$100,000 to $149,9990.2% (±0.2 points)1.4%2.7%6.8%
$150,000 to $199,9990.5% (±0.8 points)2.1%4.8%9.0%
$200,000 to $299,99913.8% (±5.3 points)10.1%14.8%17.8%
$300,000 to $499,99943.3% (±7.3 points)51.8%37.1%26.9%
$500,000 to $999,99940.9% (±6.9 points)28.5%29.7%20.9%
$1,000,000 or more0.0% (±1.1 points)1.7%6.0%7.1%

The most common range is $300,000 to $499,999, 43.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Arbor against Prince George's County, its state and the nation

Estimate (90% margin of error)
Lake ArborPrince George's CountyMarylandUnited States
Median home value$460,600 (±$28,759)$426,000 (±$3,100)$419,900 (±$1,385)$332,700
Owner-occupied homes3,991 (±514)216,692 (±2,479)1,597,565 (±8,362)84,210,142

In Lake Arbor, the median home value is higher than in Prince George's County ($426,000).

It is also higher than in Maryland ($419,900).

It is higher than the national figure ($332,700).

In Prince George's County, Lake Arbor ranks 24 of 79 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 142 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Arbor have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$315,600 (±$15,581)$460,600 (±$28,759)+45.9%Up after inflation
Median owner cost with a mortgage$2,069 (±$187)$2,581 (±$185)+24.7%No measurable change after inflation
Median real estate taxes$3,952 (±$225)$5,301 (±$469)+34.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Arbor

Nearest places with a published estimate, compared with Lake Arbor
PlaceDistanceMedian home valueCompared with this place
Lake Arbor—$460,600 (±$28,759)—
Springdale2.0 mi$474,200 (±$38,904)Not measurably different
Glenarden2.0 mi$409,700 (±$27,105)Lower
Largo2.0 mi$387,800 (±$34,837)Lower
Summerfield2.1 mi$348,100 (±$10,876)Lower
Mitchellville2.2 mi$512,100 (±$39,817)Higher
Kettering2.6 mi$418,500 (±$24,866)Lower
Woodmore3.0 mi$604,600 (±$53,821)Higher
Landover3.2 mi$313,900 (±$15,857)Lower

Nearby places with a measurably lower figure: Glenarden, MD ($409,700), Largo, MD ($387,800), Summerfield, MD ($348,100).

Nearby places with a measurably higher figure: Mitchellville, MD ($512,100), Woodmore, MD ($604,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Prince George's County, place by place

RankPlaceMedian home value
18Rosaryville$478,700 (±$16,078)
19Riverdale Park$475,800 (±$29,766)
20Springdale$474,200 (±$38,904)
21National Harbor$472,500 (±$46,771)
22Cheverly$470,700 (±$17,081)
23Brown Station$470,300 (±$50,630)
24Lake Arbor$460,600 (±$28,759)
25Konterra$459,700 (±$40,467)
26Bowie$459,300 (±$7,307)
27South Laurel$458,100 (±$11,868)
28College Park$437,900 (±$13,247)
29Friendly$437,800 (±$22,994)
30Lanham$436,900 (±$20,360)

Showing 13 of 79 places in Prince George's County, ranked from highest to lowest.

Lake Arbor is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Arbor

What is the average home value in Lake Arbor, MD?

The Census Bureau publishes the median: $460,600 (±$28,759) for owner-occupied homes in Lake Arbor (2020–2024 American Community Survey).

Have home values in Lake Arbor gone up?

In Lake Arbor, the median home value went from $315,600 in 2015–2019 to $460,600 in 2020–2024 (+45.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lake Arbor sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Arbor CDP, Maryland (place:44817, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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