Prince George's County, Maryland
January 2026 Market Watch

Landover, MD, February 2026 - Prince George's County's January home sales dropped 30.2% to 430 Total Homes Sold as Pending Sales surged to a total of 946 homes under contract. The 584 New Pending Sales (a forward-looking indicator) signed during January is 35.8% greater than the 430 Closed January Sales. The remaining 362 Pending Sales are carryovers from December. The nearly 1,000 listed homes currently under Contract, declining mortgage rates, and improving inventory levels all bode well for upcoming month Settlements and a strong Spring market.

• January Sales Indicators
  

  January 2026 looked like a market that's finding a little more breathing room on the supply side. While buyers may have hesitated during the colder New Year temperatures and are still cautious in the face of affordability math, January also showed numerous positives. The Prince George's County housing market's first-month 2026 performance shows more homes available, steady pricing, and buyers increasingly optimistic and acting upon this improved buying power with 4.5% month-over-month growth in Pending Sales.

• Market Resilience and a Rebalancing
  Despite ongoing national inflation, economic uncertainties and continued affordability headwinds, the County's housing market shows encouraging signs of normalization. Sellers continue to benefit from strong pricing and historically high equity, capturing 97.1% of Original Listing Price and $242 Average Price per Square Foot at Settlement. Though contract activity remains below January 2025 levels, homebuyer demand, and 30-year fixed-rate mortgage interest rates near 6% are increasing confidence enough to have both home sellers and buyers returning to the home market.
  
  Prince George's County January Median Price per Square Foot further shows home value stability. When the total Median Sold Price dips slightly, as it did during January, and the Price per Square Foot holds steady, it indicates that more homes of a smaller size were sold than the prior month. This is favorable for affordability. The lack of smaller homes for new homebuyers and downsizing "empty nesters" is a critical challenge for long-term economic growth.
  
  
• Strong Home Values Provide High Equity Growth for Buyers and Sellers
  Average Sold Price rose 1.3% year-over-year and decreased 1.7% month-over-month to $457,891. Median Sold Price dipped slightly: 1.1% from January 2025 and 2.2% from December. Sellers received 97.1% of their Original List Price, continuing to benefit from solid equity positions and strong demand.
  
  Home values remain strong and steady, still rising while at a more sustainable rate than most of the recent ten years. Over ten years, Average Sold Price has increased 90.6% and Median Sold Price has increased 97.5% in Prince George's County, a clear indication of how powerful homeownership can be as an investment and generational wealth builder.
  
  
• Prince George's County Market Shows Strength
  January’s Prince George’s County results fit a clear theme: more inventory and slightly longer timelines are improving buyers' options, while strong homeownership demand and high equity growth deliver profitable sales for sellers. Homeownership remains a highly valued, stabilizing financial choice – offering appreciation, predictable payments, and potential Mortgage Interest Deduction (MID) benefits.
  
  Prince George's County offers a wide diversity of exceptional education, employment, culture, recreation opportunities, and a full range of rural to urban lifestyles. Our county enjoys all of this, plus relative affordability, retaining Prince George's position as one of the nation's and Maryland - DC - Virginia region's most competitive and attractive housing markets.
  
  
• Inventory Growth is Reshaping Negotiations
  The 41% increase in Active Listings greatly increases homebuyer excitement, home and neighborhood choices, and time to evaluate properties. Homes are spending slightly longer on the market, and contract terms are reflecting more negotiation than in early 2025.
  
  
  • 1,555 Active Listings:
    Up 1.4% from December; 41.1% above January 2025
  • 701 New Listings:
    Up 29.6% from December; 0.1% above January 2025
  • 2.38 Months of Supply:
    Up 2.3% from December; 60.3% above January 2025 (still below the 4 - 6 month balanced range)
  • 97.1% Sale-to-Original List Price
  
  
• Homes are Selling Quickly by Historic Standards:
  
  
  • 34 Median Days on Market (DOM)
  • 44 Average DOM: Substantially below the national average of 64 days
  • 24.2% of homes went under contract within 10 days.
  
  

Market Performance Snapshot

© 2026 ShowingTime. Data provided by Bright MLS.

Expert Commentary: A Favorable Market for Buyers and Sellers

Carol Webb, PGCAR President and REALTOR^® with Samson Properties, shared: "While January started our year with uncooperative and unpredictable weather, Prince George's County home sales ended January with a 4.5% month-over-month gain in listed homes under contract and 1.3% growth in Average Sold Price to $457,891! These positive signs, combined with improved availability of "For Sale" homes, continued strong homeownership demand, the 30-year mortgage rates dropping to a 6.10% average, and several additional factors give us well-founded optimism for a significant rebound in 2026 home sales.

Prince George's County continues to demonstrate long-term home market strength and sustained high buyer demand, with sales growth typically matching or exceeding increases in home inventory. While January is typically a month of decreased market activity, 2026 opened with a 1.4% increase in Active Listings to 1,555 homes. This included 701 New Listings. Home sellers are expected to return more prominently through 2026, further improving home buying opportunities across price ranges. With increased seller confidence, and significant new residential development planned throughout 2026, all indicators are that the availability of "for sale" homes will continue to increase at a rate high enough to fuel strong sales yet be readily absorbed by both pent-up and new demand."

Ms. Webb continued, "Whether buying or selling, be well prepared by contacting a local REALTOR^® early. You'll benefit from their expertise, market savvy, and greatly enjoy the additional peace of mind with a professional guiding you through the myriad of details involved from initial decisions over pricing and goals, to the exchanging of keys at a successful sale or purchase! Buyers, also ask your REALTOR^® for an introduction to experienced financial managers fitting your circumstances. Numerous home finance choices exist, as well as a wide range of homebuyer incentives. Pathway to Purchase, Prince George's County's premiere first-time homebuyer savings program, provides up to $50,000 in down payment and closing costs towards the purchase of a home in Prince George's County! Additional savings programs exist benefitting a wide range of homebuyers based upon purchase location; property rehab opportunities; military status; public safety or teaching occupation; student debt status, and more! It's well worth investigating the potential to reduce your down payment and monthly mortgage.

January's numbers remind us that this market rewards professionalism. Buyers have more choices than they did a year ago, and they're carefully comparing value, condition, and monthly payments – especially with mortgage rates just above 6%. That’s exactly where REALTORS^® make the difference: pricing with precision, preparing homes to win online and in-person, and negotiating terms that help transactions come together even when affordability is tight. Now is a great time to buy or sell in Prince George's County!"

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