Real Estate Market Update for Bowie, MD
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 27% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold decreased 13% year-over-year, and increased 8% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Bowie, MD
Area Information for Bowie, MD
  • Population: 55,542
  • Median Age: 39.19 yr
  • Median Commute Time: 31.87 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 3,014/sq mi
  • Population Change Since 2000: 8.88%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Bowie State University
  • Closest Jr. College: Prince Georges Community College
  • Median Household Income: $105,510
  • Annual Residential Turnover: 14.64%
  • Median Years in Residence: 4.61 yr
  • Median Home Sales Price: $231,951
  • Closest Major Sports Team: Bowie Baysox
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bowie, MD
Median Age: 39.19 Married: 36% Number of Households: 20,010 Households with Children: 7,460
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bowie, MD

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Tulip Grove Elementary School 0.2 mi Public K-5 4 4
      Patuxent Montessori School 0.6 mi Private PRESCHOOL-6 0 4
      Benjamin Tasker Middle School 0.6 mi Public 6-8 2-5 2
      Bowie Christian School 0.6 mi Private PRESCHOOL-12 0 4
      Belair Baptist Christian Academy 0.7 mi Private K-12 0 3
      St. Pius X School 0.7 mi Catholic PRESCHOOL-8 0 4
      St Matthew's Early Education Center 0.9 mi Private PRESCHOOL-K 0 0
      Kenilworth Elementary School 1.0 mi Public K-5 3 5
      Victory Christian Academy 1.1 mi Private PRESCHOOL-2 0 0
      Bowie High School 1.1 mi Public 9-12 2-5 3
      Mitchellville School 1.2 mi Private PRESCHOOL-6 0 4
      Heather Hills Elementary School 1.3 mi Public K-6 5 4
      Chapel Forge Early Childhood Center 1.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Whitehall Elementary School 1.7 mi Public K-5 4-5 5
      Northview Elementary School 1.7 mi Public PRESCHOOL-5 1 3
      Cornerstone Christian Academy 1.8 mi Private PRESCHOOL-8 0 4
      Rockledge Elementary School 1.9 mi Public PRESCHOOL-5 3-5 4
      High Bridge Elementary School 1.9 mi Public K-5 1 3
      Grace Christian School 1.9 mi Private K-8 0 4
      Yorktown Elementary School 2.0 mi Public K-5 3-5 4
      Samuel Ogle Middle School 2.0 mi Public 6-8 4 3
      Bowie Montessori Childrens House 2.6 mi Private PRESCHOOL-8 0 4
      Washington New Church School 3.0 mi Private PRESCHOOL-10 0 5
      C. Elizabeth Rieg Regional Center 3.1 mi Public UNGRADE-UNGRADE 0 0
      Tall Oaks Vocational High School 3.2 mi Public 11-12 1 4
      Woodmore Elementary School 3.4 mi Public K-6 3-5 3
      Pointer Ridge Elementary School 4.4 mi Public K-5 2-5 4
      Greater Mount Nebo Christian Academy 4.7 mi Private PRESCHOOL-2 0 4
      Kingsford Elementary School 4.7 mi Public PRESCHOOL-6 3 3
      Princeton Day Academy 5.1 mi Private 4-12 0 0
      Ernest Everett Just Middle School 5.7 mi Public 6-8 2 4
      Woodstream Christian Academy 5.7 mi Private K-12 0 4
      Lake Arbor Elementary School 5.9 mi Public PRESCHOOL-6 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Bowie, MD
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.