Bowie, MD Home Values & Market Trends
Real estate market trends reflect that there have been 1,203 transactions over the past year in Bowie. The median value for residential home transactions that occurred over the previous year is $475,252.35. The number of current listings in Bowie is 137, and the percentage of properties for sale in the city is 137.00%. Bowie, MD currently has 100 properties in foreclosure, 16 bank owned properties, 23 properties headed for auction, and 137 properties for sale.
Bowie, MD Real Estate Market Overview
Housing Market Summary for Bowie, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $420K | $478.4K | 13.91% |
| Median Sold Price | $484.8K | $478.4K | -1.31% |
| Homes For Sale | 163 | 123 | -24.54% |
| Homes Sold | 781 | 837 | 7.17% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bowie, MD
Browse Homes in Bowie, MD
Bowie home values range from $30,849 to $9,617,653. The median estimated value of a home in Bowie is $475,252.35. The median list price of a home is 422,100, and the total count of properties in the city is 35,278.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in Bowie, MD with 20721 containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Bowie, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $936,684 in 20721 to the lowest home value of $277,747 in 20720.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bowie, MD ranges from the highest value of $632,012 in 20715 to the lowest value of $205,332 in 20721. Bank owned homes and properties account for 0.05% of properties in Bowie, MD. There are 5 zips within Bowie, MD; 20721 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20721 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Bowie, MD. Auction homes and other auction properties account for 0.07% of all properties in Bowie, MD. There are 5 zips within Bowie, MD; of those zips, the median estimated home value for homes going to auction ranges from $1,303,972 in 20720 to the lowest value of $261,187 in 20720.
Compare Nearby Cities
More Real Estate Resources for Bowie, MD
Guide for Bowie, MD
Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?
The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.
The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.
