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 $475,291.35. The number of current listings in Bowie is 131, and the percentage of properties for sale in the city is 131.00%. Bowie, MD currently has 89 properties in foreclosure, 13 bank owned properties, 21 properties headed for auction, and 131 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 $475,291.35. The median list price of a home is 430,000, and the total count of properties in the city is 35,278.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% of all residential properties in Bowie, MD with 20721 containing 22 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 $502,824 in 20715 to the lowest value of $339,900 in 20716. Bank owned homes and properties account for 0.04% of properties in Bowie, MD. There are 5 zips within Bowie, MD; 20721 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20721 has 10 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 0.06% 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 $747,079 in 20720 to the lowest value of $261,187 in 20720.
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Guide for Bowie, MD
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