Why Live in Lakeland
Lakeland, located in Southwest Baltimore, is a historic neighborhood that evolved from its early 1800s roots as “Minersville,” known for its iron ore pits. Today, Lakeland is a diverse mixed-use community featuring both residential and industrial spaces. Housing options include traditional Baltimore row houses, Arts and Craftsman influenced detached single-family homes, minimalist cottages, ranch-styles, American Four-Square, and Dutch Colonial designs. Many homes are brightly painted and feature expansive roofed front porches. Lakeland Elementary/Middle School and Paul Laurence Dunbar High School serve the area, with Dunbar offering specialized STEM programs and partnerships with institutions like Johns Hopkins University. West Patapsco Avenue provides a variety of casual eateries and retail options, including LA Mart International Food Market and the Patapsco Flea Market. Lakeland Park offers walking paths, basketball courts, and a baseball field, while Patapsco Valley State Park, just a ten-minute drive away, features over 16,000 acres of recreational space. The neighborhood is well-connected, with proximity to I-295, the Light Rail, MARC train, and BWI Airport, facilitating easy commutes to Baltimore and Washington DC.
Home Trends in Lakeland, MD
On average, homes in Lakeland, Baltimore sell after 11 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeland, Baltimore over the last 12 months is $413,500, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$413,500
Median Single Family Sale Price
$433,500
Median 2 Bedroom Sale Price
$449,000
Average Price Per Sq Ft
$237
Number of Homes for Sale
6
Last 12 months Home Sales
44
Median List Price
$449,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%