Zip 20715 (Bowie, MD) Housing

The housing market in 20715 Bowie, MD is relatively healthy compared to the rest of the United States. The median value of a house in 20715 Bowie, MD is $431,300 which is higher than the national median value of a house which is $338,100. Although lower than the national average, the 1 year appreciation rate for houses in 20715 Bowie, MD still sits at 6.91%, just slightly lower than the national 1 year appreciation rate of 8.27%. This suggests that houses are remaining valuable investments and that homeowners are likely to see an increase in their property values over time.

The median home cost in Bowie (zip 20715) is $431,300. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Bowie (zip 20715) is up 10.7%.

Average Age of Homes

- The median age of Bowie (zip 20715) real estate is 50 years old

The Rental Market in Bowie (zip 20715)

- Renters make up 6.7% of the Bowie (zip 20715) population
- 0.0% of houses and apartments in Bowie (zip 20715), 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

Housing	Bowie, Maryland	United States
	9,194.0	139,647,020.0
	55	42
	$431,300	$338,100
	10.7%	16.6%
	44.2%	57.0%
	86.5%	101.1%
	$13.15	$10.98
	$4,670	$2,690
	90.9%	57.4%
	2.2%	11.2%
	7.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	1.4%	11.3%
	0.8%	13.0%
	18.4%	20.1%
	51.9%	13.6%
	19.7%	8.3%
	6.5%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	7.3%	13.6%
	8.1%	13.2%
	4.7%	14.8%
	7.3%	13.6%
	4.9%	10.0%
	0.8%	4.7%
	1.0%	12.2%

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