Bowie has a cost of living adjustment score of 122.6, which is expensive when compared to others in Maryland. Also, the area is considered very affluent with a median income of $94,674 per household. 20715, 20721, and 20720 are the three largest zip codes in terms of population. With a median age of 28 years, homes in Bowie tend to be relatively old. The top school in the city is Whitehall Elementary School.
The median value of homes in Bowie is $248,200, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $316,196. The Bowie remained below its 12-month average sales volume this week as sales dropped 11.1% to hit 56 homes sold over the last 30 days.
Make sure you take a look at these eye-catching homes in Bowie that generated the most views from potential buyers:
A four-bedroom detached home valued around $340,103 is considered a typical dwelling in Bowie. If a buyer was looking for a similar home, they would need good credit and a $68,021 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,732 and the property tax rate is $16.07 per $1,000 of taxable assessed value.
Get started right now by checking out Bowie homes for sale or reviewing Bowie real estate trends.