Luke, MD

Buyer's market

Housing market overview · Updated weekly

$490,000median sale price

Homes sold

1

Last 12 weeks

Days on market

339

Average pace

Active listings

Sale-to-list

89.3%

Below asking

Luke, MD housing market analysis

The Luke housing market is currently classified as a buyer's market with a median sale price of $490,000. Homes in Luke spend an average of 339 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.

Whether you're a first-time homebuyer evaluating Luke as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Luke with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.

Market trends

Zip codes in Luke, MD

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Frequently asked questions

What is the average home price in Luke?

The median home sale price in Luke is $490,000, down 0.0% from last year.

How long do homes stay on market in Luke?

Homes typically spend 339 days on market before going under contract.

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