What is the average home price in College Park, MD 20740?

As of May '26, the median home price in College Park, MD 20740 is $439,000, based on Zillow home estimates.

How have home prices in College Park, MD 20740 changed over the past year?

As of May '26, home prices have decreased 1.2% over the past year, according to Zillow home estimates data.

What is the home price projection for College Park, MD 20740?

As of May '26, Zillow projects home prices in College Park, MD 20740 to decrease 0.2% in the next year.

What are the demographics of College Park, MD 20740?

According to the latest Census, the demographics of College Park, MD 20740 are 34.6% White, 24.2% Black, 14.5% Asian, 22.2% Hispanic. The population is 36,600, with 13.4% under 18 years old.

How long does it take homes to sell in College Park, MD 20740?

According to Realtor.com, as of May '26, the median home in College Park, MD 20740 is on the market for 30 days. This is an increase of 18.0% from last year.

What is the average rent price in College Park, MD 20740?

The average rent price in College Park, MD 20740, as of the latest data, is $2,560. The average rent for 1 bedroom homes is $1,560. For 2, 3, and 4 bedroom homes, the average rent is $2,130, $2,730, and $2,680 respectively.

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College Park, MD—20740

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$439,000

1.2% YoY Growth

Household Income

$81,400

21.1% YoY Growth

Days on Market

18.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

$2,350

16.4% YoY Growth

1-Bed Rent

$1,520

18.8% YoY Growth

2-Bed Rent

$2,100

0.9% YoY Growth

3-Bed Rent

$2,600

6.6% YoY Growth

Home Price Trends — College Park, MD

As of May '26, the median home price in College Park, MD is $439,000, with a year-over-year change of -1.2%. This indicates that home prices in College Park, MD are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$439,000	-1.2%
Single Family	$458,000	-1.5%
Condos	$209,000	-3.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$487,000	0.0%
Listing Count	77	25.0%
Listings as % of Homes	0.2%	25.0%
Days on Market	30	18.0%

Metric	Latest Census	YoY % Change
Population	36,600	14.8%
% Under 18	13.4%	7.2%
% Seniors	8.1%	-2.4%
% WFH	15.9%	381.8%
% w/ College Degree	48.5%	3.4%

Metric	Zip Code Average
Total Loan Originations	172
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

Total Units under HUD	351
Total Units Section 8	239
% Rentals under Section 8	3.3%
% Occupied Section 8	94.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$680	$1,520	$2,200
2 Bedroom	$380	$2,100	$2,480
3 Bedroom	$500	$2,600	$3,100
4 Bedroom	$860	$2,800	$3,660

College Park, MD—20740

Key Metrics at a Glance

Home Price Trends — College Park, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — College Park, MD

% of Rental Stock

Property Listings — College Park, MD

Demographics — College Park, MD

Race and Ethnicity

Mortgage and Risk — College Park, MD

Mortgages

Rentals and Section 8 — College Park, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — College Park, MD

Home Price to Income Ratio

College Park, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Acredale

Langley Park, MD

East Riverdale, MD

Greenbelt, MD

Hyattsville, MD

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,350	$2,560
Studio Rent	$1,390	$1,530
1 Bed Rent	$1,520	$1,560
2 Bed Rent	$2,100	$2,130
3 Bed Rent	$2,600	$2,730
4 Bed Rent	$2,800	$2,680

Metric	Latest Census	5-Year % Change
% White	34.6%	-19.7%
% Black	24.2%	17.5%
% Hispanic	22.2%	25.4%
% Asian	14.5%	-5.8%
% Foreign Born	28.4%	-1.4%

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$439,000
Median Household Income	$81,400