Market Overview
Home Prices in Lake Arbor, MD
The median home value in Lake Arbor, MD is $422,522 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Arbor are priced3% above average. Lake Arbor is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Lake Arbor home values have risen by approximately7.8%, reflecting steady appreciation in this market.
Price History
Lake Arbor Home Price Trend
City Comparison
Lake Arbor vs. National Median
At $422,522, homes in Lake Arbor cost 3% above the national median of $410,000. Buyers in Lake Arbor should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lake Arbor?
20% Down Payment
$84,504
on $422,522
Monthly P&I
$2,204/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,799/mo
incl. taxes & insurance
Income Needed
$111,960
gross annual (30% rule)
10% Down Option
$42,252
+ PMI applies
Loan Amount (20% dn)
$338,018
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Arbor, MD?
The median home value in Lake Arbor is $422,522 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Lake Arbor?
Over the past year, home values in Lake Arbor have decreased by 1.8%. Over five years, prices have risen approximately 7.8%.
How much do I need to earn to buy a home in Lake Arbor?
To comfortably afford the median home price of $422,522 with a 20% down payment ($84,504) at today's rates (6.8%), you'd need a gross annual income of approximately $111,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Arbor compare to the national average home price?
The national median home value is approximately $410,000. At $422,522, homes in Lake Arbor are 3% above the national average.
What metro area is Lake Arbor part of?
Lake Arbor is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.