Zip 20720 (Bowie, MD) Housing


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The housing market in 20720 Bowie, MD is steadily increasing with a median home value at $529,600. This is significantly higher than the US median home value of $338,100 and reflects an appreciation rate of 6.91% over the past year — lower than the 8.27% 1-year appreciation rate for homes across the country. As such, buyers looking for a new place to call home should take advantage of this slower rate of increase to get into the market soon.

The median home cost in Bowie (zip 20720) is $529,600. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Bowie (zip 20720) is up 10.7%.

Average Age of Homes
- The median age of Bowie (zip 20720) real estate is 21 years old
The Rental Market in Bowie (zip 20720)
- Renters make up 8.5% of the Bowie (zip 20720) population
- 0.2% of houses and apartments in Bowie (zip 20720), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBowie, MarylandUnited States
  8,292.0139,647,020.0
  2342
  $529,600$338,100
  10.7%16.6%
  44.2%57.0%
  86.5%101.1%
  $12.60$10.98
  $5,686$2,690
  90.3%57.4%
  1.7%11.2%
  7.9%31.4%
  Vacant Housing
  0.2%1.9%
  0.0%0.4%
  0.0%0.7%
  0.5%0.4%
  0.0%3.6%
  1.0%4.1%
  Value of Owner-Occupied Housing
  0.3%2.6%
  0.7%2.4%
  0.1%2.8%
  0.0%3.9%
  0.0%4.5%
  0.1%11.3%
  1.0%13.0%
  11.3%20.1%
  22.1%13.6%
  27.9%8.3%
  32.0%9.7%
  4.0%3.9%
  0.1%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  30.5%13.6%
  30.5%13.6%
  26.2%13.6%
  18.3%13.2%
  3.7%14.8%
  26.2%13.6%
  1.3%10.0%
  0.4%4.7%
  2.3%12.2%
Commute

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