Greenbelt, MD—20770
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenbelt, MD
As of Oct '25, the median home price in Greenbelt, MD is $281,000, with a year-over-year change of 0.7%. This indicates that home prices in Greenbelt, MD are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $281,000 | 0.7% |
| Single Family | $361,000 | 1.7% |
| Condos | $212,000 | -0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $171,000 | 0.6% |
2 Bed | $225,000 | -0.4% |
3 Bed | $367,000 | 1.9% |
4 Bed | $513,000 | 1.8% |
| 5 Bed | $602,000 | 0.8% |
% of Housing Stock
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.
| Type | Median Rent | Average 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 |
% of Rental Stock
Property Listings — Greenbelt, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenbelt, MD is 47. This is a increase of 57.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $226,000 | -3.0% |
Listing Count | 83 | 80.0% |
| Listings as % of Homes | 0.4% | 80.0% |
Days on Market | 47 | 57.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,200 | 14.4% |
% Under 18 | 23.7% | -8.1% |
% Seniors | 13.1% | 50.6% |
% WFH | 16.0% | 247.8% |
% w/ College Degree | 43.2% | -7.3% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $281,000 |
| Median Household Income | $84,100 |