The story of this market
The typical home in ZIP 20783 sells for about $200,000, or $193 per square foot.
Prices are down 5.4% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,725 a month.
ZIP 20783 — Hyattsville
The housing market in 20783 is currently characterized by low inventory and high demand, driven by its strategic location near the University of Maryland and D.C. employment hubs. While median prices have seen a slight year-over-year decline, the market remains competitive with a short supply of available homes. Buyers are finding slightly more negotiating power compared to previous periods, though the area's affordability relative to the broader D.C. metro area continues to support steady activity.
This ZIP is well-suited for commuters and university-affiliated individuals seeking proximity to D.C. and College Park, as well as families looking for relatively more affordable housing options within the metro area.
Median prices moved down 5.4% year over year.
Homes spend a median of 49 days on market with 1.0 months of supply — a fast-moving market.
37% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 19.9% — a mixed stability 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 1.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 20783, 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.
Schools in the area are part of the Prince George's County Public Schools system, which serves a diverse student population with varying performance metrics across individual campuses.
The area is subject to standard regional climate risks including heavy rainfall and potential flooding, typical of the Prince George's County geography.
The area benefits from its proximity to the University of Maryland and major employment hubs in the Washington, D.C. metro area, driving consistent demand for housing.
Property taxes are assessed by Prince George's County, which utilizes a base rate applied to the assessed value of real property; homeowners may qualify for the Maryland Homestead Tax Credit to limit annual assessment increases.
Residents have access to major corridors including the Capital Beltway (I-495) and proximity to Metro transit stations, facilitating commutes into Washington, D.C. and surrounding employment centers.
The area features local parks and green spaces, with proximity to the University of Maryland campus amenities and various shopping centers along the Route 1 corridor.
The rental market is characterized by high demand due to the area's density and proximity to the university, with a significant share of renter-occupied housing units.
The local economy is heavily influenced by the University of Maryland and its associated research and academic sectors, alongside service and retail industries serving the dense residential population.
The area is served by a network of arterial roads and is within reach of the Washington Metro system, providing essential transit links to the broader D.C. region.
Development activity is focused on infill projects and the continued expansion of the Route 1 corridor to support growing residential and commercial needs.
The Prince George's County assessment regime conducts periodic reassessments of property values to determine the basis for local property tax levies.
Parcels in this ZIP are subject to Prince George's County property taxes and are served by the Prince George's County Public Schools district.
Property insurance premiums in the region are influenced by standard mid-Atlantic hazard profiles, including wind and storm-related risks.
Maryland operates as a judicial foreclosure state, requiring court oversight for the foreclosure process.
Maryland law requires sellers to provide a residential property disclosure statement to buyers, detailing the condition of the property.
Data retrieved from Census Reporter and ACS 5-year subject tables.
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.
- The St. James4.417.8 mi
- F1 Arcade Washington, D.C.4.66.1 mi
- Urban Air Trampoline and Adventure Park4.17.7 mi
- Sky Zone Trampoline Park418.6 mi
- Lake Fairfax Park4.618.8 mi
- Nationals Park4.68.8 mi
- Capital One Arena4.57.3 mi
- Northwest Stadium48.3 mi
- Walter E. Washington Convention Center4.56.9 mi
- International Spy Museum4.48.3 mi
- Lincoln Memorial4.88.6 mi
- Smithsonian National Museum of Natural History4.87.9 mi
- Smithsonian's National Air and Space Museum4.67.9 mi
- Smithsonian National Zoological Park4.66.3 mi
- Washington Monument4.78.2 mi
- Lincoln Memorial4.88.6 mi
- Smithsonian National Museum of Natural History4.87.9 mi
- Smithsonian's National Air and Space Museum4.67.9 mi
- United States Capitol4.77.6 mi
- National Mall4.88.3 mi
- Lincoln Memorial4.88.6 mi
- National Mall4.88.3 mi
- United States Botanic Garden4.87.8 mi
- Martin Luther King, Jr. Memorial4.98.6 mi
- Brookside Gardens4.85.7 mi
- East Potomac Golf Links4.18.9 mi
- Congressional Country Club4.711.1 mi
- Puttery4.57.4 mi
- Northwest Golf Course4.38.7 mi
- Needwood Golf Course4.312.4 mi
- Union Market4.56.2 mi
- Fashion Centre at Pentagon City4.410.4 mi
- Mall at Prince George's4.22 mi
- Westfield Montgomery4.49.6 mi
- Westfield Wheaton4.25.3 mi
- Dulles International Airport4.126.4 mi
- Ronald Reagan Washington National Airport4.210.8 mi
- Baltimore/Washington International Thurgood Marshall Airport4.320.5 mi
- Capital One Lounge at IAD4.325.8 mi
- The Club BWI3.920.7 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 providing educational and cultural resources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.