The story of this market
The typical home in ZIP 20715 sells for about $530,000, or $269 per square foot.
Prices are down 3.02% from a year ago, which gives buyers more room to negotiate. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,491 a month.
ZIP 20715 — Bowie
The housing market in 20715 remains resilient with steady demand for single-family homes, despite a slight year-over-year softening in median listing prices. Low inventory levels continue to support pricing, while the area's strong suburban appeal and proximity to major employment hubs keep the market competitive for buyers.
This ZIP is ideal for family buyers and commuters seeking spacious single-family homes in a suburban environment with easy access to major regional employment hubs.
Median prices moved down 3.0% year over year.
Homes spend a median of 22 days on market with 3.2 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 3.5% — a stable, low-distress profile.
Built from 481 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20715, Prince George's County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Bowie area are generally considered lower than the Prince George's County average, with the city maintaining a suburban safety profile.
The area is served by the Prince George's County Public Schools system, which offers a mix of highly rated magnet and neighborhood schools.
The region is subject to standard mid-Atlantic weather risks, including occasional heavy rainfall and wind events, with flood insurance recommended for properties in low-lying areas.
Economic momentum is driven by proximity to the Washington D.C. and Baltimore employment corridors, with ongoing mixed-use development at Melford Town Center.
Property taxes are assessed by Prince George's County, with rates determined by a combination of county, municipal, and special district levies; homeowners may qualify for the Maryland Homestead Tax Credit.
Residents benefit from convenient access to major highways including US-50 and US-301, facilitating commutes to Washington D.C. and Annapolis.
The ZIP features extensive green space including Old Chapel Park and Foxhill Park, with proximity to major shopping centers and dining districts in Bowie.
The rental market shows strong demand with a 7.14% year-over-year rent growth, reflecting limited vacancy pressure and high interest from commuters.
The local economy is anchored by government, education, and healthcare sectors, with significant employment opportunities in the nearby D.C. metro area.
The area is primarily car-dependent, with well-maintained highway corridors and access to regional bus services.
Development is focused on high-density residential and commercial projects at key transit nodes and existing town centers.
The Prince George's County Department of Assessments and Taxation conducts triennial assessments for all residential properties.
Parcels are subject to Prince George's County Public Schools district taxes and various municipal service fees.
Property insurance premiums are stable, though homeowners in flood-prone areas may face higher costs due to regional hazard mapping.
Data retrieved from data.census.gov ZCTA 20715 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- F1 Arcade Washington, D.C.4.614.5 mi
- Urban Air Trampoline and Adventure Park4.19.1 mi
- K1 Speed Jessup4.511.6 mi
- Dave & Buster's Hanover - Arundel412 mi
- Dave & Buster's Silver Spring4.115.2 mi
- Nationals Park4.616.1 mi
- Capital One Arena4.516 mi
- Northwest Stadium48.4 mi
- Walter E. Washington Convention Center4.515.9 mi
- International Spy Museum4.416.6 mi
- Annapolis Mall4.410.9 mi
- Cinemark Egyptian 24 and XD4.412.1 mi
- Medieval Times Dinner & Tournament4.611.7 mi
- U.S. National Arboretum4.712.9 mi
- National Cryptologic Museum4.79 mi
- Smithsonian National Museum of Natural History4.816.5 mi
- Lincoln Memorial4.817.7 mi
- Smithsonian's National Air and Space Museum4.616.2 mi
- United States Capitol4.715.7 mi
- National Gallery of Art4.816.2 mi
- U.S. National Arboretum4.712.9 mi
- Liberty Sports Park3.76.8 mi
- Watkins Regional Park4.77.1 mi
- Kinder Farm Park4.811.8 mi
- Thomas A. Dixon, Jr. Aircraft Observation Area4.712.9 mi
- Renditions Golf Course4.26.4 mi
- University of Maryland Golf Course4.411.3 mi
- Lake Presidential Golf Club3.79.7 mi
- Oak Creek Golf Club4.27 mi
- Enterprise Golf Course4.35.4 mi
- Arundel Mills4.411.7 mi
- Annapolis Mall4.410.9 mi
- Mall at Prince George's4.211.5 mi
- Bowie Town Center4.32.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park with walking trails and green space.
Local recreational area with sports facilities.
Major mixed-use development with retail and office space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.