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Greenbelt, MD—20770

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$279,000
2.0% YoY Growth
Household Income
$84,100
19.2% YoY Growth
Days on Market
44
64.0% Longer YoY
Home Price Forecast
-0.8%
Median Rent
$2,120
12.8% YoY Growth
1-Bed Rent
$1,640
17.3% YoY Growth
2-Bed Rent
$2,100
7.1% YoY Growth
3-Bed Rent
$2,740
1.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Greenbelt, MD

As of May '26, the median home price in Greenbelt, MD is $279,000, with a year-over-year change of -2.0%. This indicates that home prices in Greenbelt, MD are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$279,000-2.0%
Single Family $365,000-0.5%
Condos $209,000-2.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $166,000
    -1.8%
    2 Bed
    		$223,000-1.3%
    3 Bed
    		$368,000-0.8%
    4 Bed
    		$519,000-1.0%
    5 Bed $606,741-0.5%
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    % of Housing Stock

    Studio
    4.6%
    1 Bedroom
    17.7%
    2 Bedrooms
    40.4%
    3 Bedrooms
    23.5%
    4 Bedrooms
    11.5%
    5+ Bedrooms
    2.3%

    Rental Trends — Greenbelt, MD

    As of July '25, Rentcast reports the average rent in Greenbelt, MD is $2,210, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in Greenbelt, MD is studios: $1,700, 1-bedrooms: $1,430, 2-bedrooms: $2,110, 3-bedrooms: $2,710, 4-bedrooms: $3,170. The most common rental property sizes in Greenbelt, MD are 2-bedroom and 1-bedroom, accounting for 48.1% and 25.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,120$2,210
    Studio Rent $1,540$1,700
    1 Bed Rent $1,640$1,430
    2 Bed Rent $2,100$2,110
    3 Bed Rent $2,740$2,710
    4 Bed Rent $3,280$3,170
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    % of Rental Stock

    Studio
    7.3%
    1 Bedroom
    25.1%
    2 Bedrooms
    48.1%
    3 Bedrooms
    14.7%
    4 Bedrooms
    4.9%

    Property Listings — Greenbelt, MD

    As of May '26, Realtor.com reports that the median days on market for a home in Greenbelt, MD is 44. This is a increase of 64.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$235,000-5.0%
    Listing Count
    		8529.0%
    Listings as % of Homes0.4%29.0%
    Days on Market
    		4464.0%
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    Demographics — Greenbelt, MD

    As of the latest ACS Survey released in 2023, Greenbelt, MD has a population of 28,200, which has increased by 14.4% over the past 5 years. Greenbelt, MD is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 43.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		28,20014.4%
    % Under 18
    		23.7%-8.1%
    % Seniors
    		13.1%50.6%
    % WFH
    		16.0%247.8%
    % w/ College Degree
    		43.2%-7.3%
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    As of the latest ACS Survey released in 2023, Greenbelt, MD is a predominantly black area, with 50.1% of the population identifying as black. The black population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Greenbelt, MD is white, making up 18.3% of the population. Foreign-born residents account for 26.8% of the population in Greenbelt, MD, and this percentage has decreased by 7.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		18.3%-25.3%
    % Black
    		50.1%1.4%
    % Hispanic
    		17.0%0.0%
    % Asian
    		8.0%5.3%
    % Foreign Born
    		26.8%-7.6%
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    Mortgage and Risk — Greenbelt, MD

    According to HUD data as of 2023, there were 293 mortgage originations in Greenbelt, MD, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Greenbelt, MD. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		293
    % Conventional Loans
    		79.0%
    % Government Loans
    		21.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Greenbelt, MD

    As of 2024, the percent of homes in Greenbelt, MD under the Section 8 program is 8.8%. 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 Greenbelt, 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
    		539
    Total Units Section 8
    		539
    % Rentals under Section 8
    		8.8%
    % Occupied Section 8
    		94.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$340$1,640$1,980
    2 Bedroom$130$2,100$2,230
    3 Bedroom$50$2,740$2,790
    4 Bedroom$10$3,280$3,290

    Affordability — Greenbelt, MD

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$279,000
    Median Household Income$84,100

    Greenbelt, MD — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    20740

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    Frequently Asked Questions