Lake Arbor, MD housing market
The typical Lake Arbor home is worth about $416,000, down 1.8% in a year, close to the Maryland typical home. Homes typically sell in 56 days, a little above asking.
Home values, sales, trends and how Lake Arbor compares with the towns next door — updated as new data is published.
Lake Arbor at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Lake Arbor | Maryland |
|---|---|---|
| 2017 | $284,000 | $290,000 |
| 2018 | $301,000 | $301,000 |
| 2019 | $321,000 | $310,000 |
| 2020 | $333,000 | $322,000 |
| 2021 | $362,000 | $349,000 |
| 2022 | $399,000 | $384,000 |
| 2023 | $414,000 | $398,000 |
| 2024 | $415,000 | $412,000 |
| 2025 | $426,000 | $427,000 |
| 2026 | $420,000 | $429,000 |
| August 2026 | $416,000 | $428,000 |
Lake Arbor and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Lake Arbor | $416K | −1.8% | $2,730 | $121,211 |
| Mitchellville | — | +7.4%† | $2,920 | $149,347 |
| Springdale | $472K | −1.5% | $2,470 | $162,171 |
| Summerfield | — | +1.8%† | $2,010 | $91,007 |
| Glenarden | $410K | −1.6% | $2,120 | $106,414 |
| Largo | — | +2.3%† | $2,440 | $103,375 |
| Kettering | — | +2.3%† | $2,450 | $126,938 |
† FHFA price index change, where Zillow has no home value for the town.
3.4 years of income
The typical Lake Arbor home costs about 3.4 years of the town's median household income, less than across Maryland (4.1 years).
How Lake Arbor ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,730
HUD's Fair Market Rent for a two-bedroom in Lake Arbor is $2,730 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lake Arbor pay a median of $2,431, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $2,370 · 4 bedrooms $4,040
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20721, 20774; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.