The story of this market
The typical home in ZIP 20740 sells for about $485,000, or $277 per square foot.
Prices are down 4.1% from a year ago, which gives buyers more room to negotiate. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,839 a month.
ZIP 20740 — College Park
The College Park housing market is currently experiencing a period of price softening, with a 4.1% year-over-year decline in median sale prices. High vacancy rates and a unique demographic profile dominated by young adults and students contribute to a competitive but specialized market environment.
This ZIP is well-suited for university-affiliated individuals, students, and commuters seeking proximity to Washington, D.C., though it presents challenges for passive real estate investors.
Median prices moved down 4.1% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 28.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 20740, Prince Georges 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 is served by Prince George's County Public Schools, with educational quality varying across the district.
The area is anchored by the University of Maryland, which serves as a primary economic driver and source of development momentum.
Property taxes are assessed by Prince George's County; rates are determined by the county's tax structure and applicable municipal levies.
Residents benefit from proximity to the Washington, D.C. metro area, with access to the College Park-University of Maryland Metro station and major highway corridors like I-495.
The area features numerous parks, trails, and proximity to the University of Maryland's athletic facilities, alongside local shopping and dining districts.
The rental market is heavily influenced by the university student population, with vacancy rates reported around 9.3%.
The economy is dominated by the University of Maryland and associated research and educational sectors.
The area is served by the WMATA Metrorail Green Line and various bus routes, providing direct transit access to Washington, D.C.
Ongoing development is largely focused on university-related infrastructure and mixed-use projects near the campus.
The Prince George's County assessment office manages property valuations for tax purposes.
Parcels are subject to Prince George's County property taxes and may fall within specific municipal or utility service districts.
Data retrieved from Census Reporter and ACS 5-year estimates.
- The St. James4.419.3 mi
- F1 Arcade Washington, D.C.4.67.2 mi
- Urban Air Trampoline and Adventure Park4.16.1 mi
- K1 Speed Jessup4.512.7 mi
- Sky Zone Trampoline Park4.115.7 mi
- Nationals Park4.69.8 mi
- Capital One Arena4.58.6 mi
- Northwest Stadium47.6 mi
- Walter E. Washington Convention Center4.58.2 mi
- International Spy Museum4.49.5 mi
- Lincoln Memorial4.810 mi
- Smithsonian National Museum of Natural History4.89.1 mi
- Smithsonian's National Air and Space Museum4.69.1 mi
- Smithsonian National Zoological Park4.67.9 mi
- Washington Monument4.79.5 mi
- Lincoln Memorial4.810 mi
- Smithsonian National Museum of Natural History4.89.1 mi
- Smithsonian's National Air and Space Museum4.69.1 mi
- United States Capitol4.78.7 mi
- National Mall4.89.6 mi
- Lincoln Memorial4.810 mi
- National Mall4.89.6 mi
- United States Botanic Garden4.88.9 mi
- Martin Luther King, Jr. Memorial4.99.9 mi
- Brookside Gardens4.86.8 mi
- East Potomac Golf Links4.110.1 mi
- Congressional Country Club4.712.9 mi
- Puttery4.58.7 mi
- Northwest Golf Course4.39.2 mi
- Langston Golf Course & Driving Range4.37.4 mi
- Union Market4.57.3 mi
- Fashion Centre at Pentagon City4.411.8 mi
- Mall at Prince George's4.22.6 mi
- Westfield Montgomery4.411.4 mi
- Westfield Wheaton4.26.8 mi
- Dulles International Airport4.128.3 mi
- Ronald Reagan Washington National Airport4.211.9 mi
- Baltimore/Washington International Thurgood Marshall Airport4.318.7 mi
- Capital One Lounge at IAD4.327.7 mi
- The Club BWI3.919 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and cultural hub for the region.
Historical site dedicated to aviation history.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.