Bowie, MD20715

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$486,000
1.3% YoY Growth
Median Household Income
$140,000
21.7% 5-Year Growth
Days on Market
33
44.0% Longer than last year
Home Price Forecast
-0.4%
Median Rent
$3,200
1.0% YoY Growth
1-Bed Rent
$1,500
12.0% YoY Growth
2-Bed Rent
$2,700
33.7% YoY Growth
3-Bed Rent
$3,000
8.7% YoY Growth

Other Zip Codes in Bowie, MD

Property Listings — Bowie, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Bowie, MD is 33. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$525,0005.0%
Listing Count
8148.0%
Listings as % of Homes0.6%48.0%
Days on Market
3344.0%
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Demographics — Bowie, MD

As of the latest ACS Survey released in 2023, Bowie, MD has a population of 26,500, which has remained stable by -0.9% over the past 5 years. Bowie, MD is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 47.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
26,500-0.9%
% Under 18
21.1%5.5%
% Seniors
15.8%-1.9%
% WFH
22.6%318.5%
% w/ College Degree
47.9%1.5%
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As of the latest ACS Survey released in 2023, Bowie, MD is a predominantly white area, with 42.7% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Bowie, MD is black, making up 38.3% of the population. Foreign-born residents account for 11.2% of the population in Bowie, MD, and this percentage has decreased by 8.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
42.7%-14.8%
% Black
38.3%23.9%
% Hispanic
8.7%-14.7%
% Asian
3.9%-32.8%
% Foreign Born
11.2%-8.2%
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Mortgage and Risk — Bowie, MD

According to HUD data as of 2023, there were 521 mortgage originations in Bowie, MD, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Bowie, MD. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
521
% Conventional Loans
68.0%
% Government Loans
32.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Bowie, MD

As of 2024, the percent of homes in Bowie, MD under the Section 8 program is 13.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bowie, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
124
Total Units Section 8
112
% Rentals under Section 8
13.1%
% Occupied Section 8
94.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$1,080$1,500$2,580
2 Bedroom$200$2,700$2,900
3 Bedroom$630$3,000$3,630
4 Bedroom$1,080$3,200$4,280

Affordability — Bowie, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$486,000
Median Household Income$140,000

Bowie, MD — ZIP Code Boundary Map

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Frequently Asked Questions