The story of this market
The typical home in ZIP 20720 sells for about $725,000, or $245 per square foot.
Prices are up +14.2% from a year ago, so sellers still have some momentum. Homes take about 4 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,118 a month.
ZIP 20720 — Bowie
The 20720 housing market is currently experiencing strong demand and low inventory, leading to rapid sales and upward price pressure. High median household incomes and proximity to major employment hubs continue to drive competitive conditions for buyers. The market remains stable with a positive outlook as new residential and commercial developments continue to attract residents.
This ZIP is ideal for families and commuters seeking larger suburban homes with convenient access to major employment hubs in the D.C. metro area.
Median prices moved up 14.2% year over year.
Homes spend a median of 4 days on market with 1.0 months of supply — a fast-moving market.
1% 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 3.6% · poverty 3.4% — a stable, low-distress profile.
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 6.4%/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 6.4%/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 20720, 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.
The area generally experiences lower crime rates compared to the broader Prince George's County average, with safety trends remaining stable in residential subdivisions.
Schools serving the area are part of the Prince George's County Public Schools system, with performance ratings varying by specific school attendance zones.
The area is primarily inland and faces standard regional risks for severe thunderstorms and occasional high winds, with minimal direct coastal flood exposure.
Economic momentum is driven by proximity to federal agencies, the healthcare sector, and ongoing residential development in the Bowie area.
Property taxes are assessed by Prince George's County, which utilizes a homestead tax credit to limit annual assessment increases on owner-occupied primary residences.
Residents typically commute via US-50 or MD-301 toward Washington D.C. and Annapolis, with access to MARC train stations in nearby Bowie or Odenton.
The area features extensive access to local parks, walking trails, and golf courses, with major shopping centers like Bowie Town Center located within a short drive.
The rental market is characterized by high demand for single-family home rentals and townhomes, with low vacancy rates and steady rent growth.
The local economy is anchored by federal government employment, healthcare services, and a robust retail sector serving the Bowie and Prince George's County region.
The area is served by major highway corridors including US-50 and MD-301, providing primary access to the D.C. metropolitan employment core.
Development is focused on mixed-use infill projects and the continued build-out of residential communities along the MD-301 corridor.
Parcels are subject to Prince George's County property taxes and various special utility or community development districts as applicable.
Property insurance premiums are stable, though homeowners should account for regional risks related to severe weather and wind events.
Data retrieved from data.census.gov ZCTA 20720 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.4.612.5 mi
- Urban Air Trampoline and Adventure Park4.17.7 mi
- K1 Speed Jessup4.511.3 mi
- Dave & Buster's Hanover - Arundel412.5 mi
- The Adventure Park at Sandy Spring4.816.4 mi
- Nationals Park4.614.2 mi
- Capital One Arena4.514 mi
- Northwest Stadium46.9 mi
- Walter E. Washington Convention Center4.513.9 mi
- International Spy Museum4.414.7 mi
- Basilica of the National Shrine of the Immaculate Conception4.912.1 mi
- U.S. National Arboretum4.710.9 mi
- Cinemark Egyptian 24 and XD4.412.5 mi
- Alamo Drafthouse Cinema DC Bryant Street412.2 mi
- Medieval Times Dinner & Tournament4.612.1 mi
- Lincoln Memorial4.815.7 mi
- Smithsonian National Museum of Natural History4.814.5 mi
- Smithsonian's National Air and Space Museum4.614.3 mi
- United States Capitol4.713.7 mi
- National Mall4.815.1 mi
- U.S. National Arboretum4.710.9 mi
- Liberty Sports Park3.77.3 mi
- Watkins Regional Park4.76.7 mi
- Allen Pond Park4.74.4 mi
- Lincoln Park4.612.8 mi
- Renditions Golf Course4.27.9 mi
- Langston Golf Course & Driving Range4.311.6 mi
- University of Maryland Golf Course4.49.1 mi
- Lake Presidential Golf Club3.710 mi
- Oak Creek Golf Club4.27.1 mi
- Arundel Mills4.412.1 mi
- Union Market4.512.6 mi
- Mall at Prince George's4.29.3 mi
- Bowie Town Center4.33.9 mi
- Ronald Reagan Washington National Airport4.216.5 mi
- Baltimore/Washington International Thurgood Marshall Airport4.314.7 mi
- The Club BWI3.914.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping and dining destination.
Large community park with trails, fishing, and sports facilities.
Public 18-hole golf course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.