Zip 20716 (Bowie, MD) Housing

The housing in 20716 Bowie, MD is more expensive than the national median of $338,100 with a median value of $402,700. Home values in Bowie have appreciated at a slower rate than the nation as a whole with an appreciation rate of 6.91%, lower than the 8.27% seen across the US overall. Despite being higher than the national average, due to lower appreciation rates, housing prices in Bowie remain relatively affordable compared to other areas in the surrounding area.

The median home cost in Bowie (zip 20716) is $402,700. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Bowie (zip 20716) is up 10.7%.

Average Age of Homes

- The median age of Bowie (zip 20716) real estate is 30 years old

The Rental Market in Bowie (zip 20716)

- Renters make up 25.7% of the Bowie (zip 20716) population
- 0.5% of houses and apartments in Bowie (zip 20716), 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
	9,094.0	139,647,020.0
	35	42
	$402,700	$338,100
	10.7%	16.6%
	44.2%	57.0%
	86.5%	101.1%
	$12.80	$10.98
	$4,292	$2,690
	70.2%	57.4%
	3.2%	11.2%
	26.6%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	0.4%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.1%	4.5%
	1.9%	11.3%
	6.7%	13.0%
	26.3%	20.1%
	37.6%	13.6%
	16.8%	8.3%
	6.9%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	24.7%	13.6%
	28.4%	13.2%
	17.6%	14.8%
	24.7%	13.6%
	1.4%	10.0%
	0.3%	4.7%
	2.5%	12.2%

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