Real Estate Market Update for Hyattsville, MD
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 33% from one year earlier, and down 15% 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 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold decreased 16% year-over-year, and decreased 21% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Hyattsville, MD
Area Information for Hyattsville, MD
  • Population: 17,820
  • Median Age: 31.54 yr
  • Median Commute Time: 30.21 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,687/sq mi
  • Population Change Since 2000: 9.75%
  • Closest Airport: Ronald Reagan Washington National
  • Closest College: University Of Maryland-university Cllg
  • Closest Jr. College: Montgomery Clg-takoma Park-silver Spring
  • Median Household Income: $53,567
  • Annual Residential Turnover: 20%
  • Median Years in Residence: 3.3 yr
  • Median Home Sales Price: $177,589
  • Closest Major Sports Team: D.c. United
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Hyattsville, MD
Median Age: 31.54 Married: 20% Number of Households: 6,430 Households with Children: 2,173
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 Hyattsville, MD

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Dematha Catholic High School 1.1 mi Catholic 9-12 0 4
      Hyattsville Elementary School 1.2 mi Public PRESCHOOL-6 1 3
      St. Jerome Academy 1.3 mi Catholic PRESCHOOL-8 0 4
      Hyattsville Middle School 1.3 mi Public 7-8 2 3
      Hyattsville Hills Child & Family Center 1.3 mi Private PRESCHOOL-K 0 0
      University Park Elementary School 1.4 mi Public PRESCHOOL-6 3-5 5
      Concordia Lutheran School 1.5 mi Private PRESCHOOL-8 0 4
      Woodridge Elementary School 1.8 mi Public PRESCHOOL-6 1 2
      Greenwood School 1.8 mi Private PRESCHOOL-K 0 4
      St Matthews Parish Day School 1.8 mi Private PRESCHOOL-K 0 0
      Glenridge Elementary School 1.8 mi Public PRESCHOOL-6 2 1
      New Hope Academy 1.9 mi Private PRESCHOOL-12 0 4
      Northwestern High School 1.9 mi Public 9-12 1 2
      Northwestern Evening/saturday High School 1.9 mi Public 9-12 0 0
      St. Mary's School 1.9 mi Catholic PRESCHOOL-8 0 4
      Cooper Lane Elementary School 1.9 mi Public PRESCHOOL-6 1 3
      Kingdom Christian Academy 2.0 mi Private PRESCHOOL-7 0 2
      Nicholas Orem Middle School 2.0 mi Public 7-8 1 3
      Ascension Lutheran School 2.1 mi Private K-8 0 0
      Pathways School - Hyattsville 2.2 mi Private 5-8 0 0
      Margaret Brent Regional Center 2.2 mi Public K-12 0 0
      Gladys Noon Spellman Elementary School 2.2 mi Public K-6 3-5 3
      Lamont Elementary School 2.3 mi Public PRESCHOOL-5 2 3
      Charles Carroll Middle School 2.3 mi Public 6-8 2 3
      St Ambrose Elementary School 2.4 mi Catholic PRESCHOOL-8 0 4
      Carrollton Elementary School 2.6 mi Public PRESCHOOL-5 2 4
      Rosa L. Parks Elementary School 2.7 mi Public PRESCHOOL-6 2 5
      Robert Frost Elementary School 2.7 mi Public K-5 3 3
      Lewisdale Elementary School 2.8 mi Public PRESCHOOL-5 3-5 4
      Judith P. Hoyer Montessori 2.8 mi Public PRESCHOOL-K 3-5 5
      Dodge Park Elementary School 3.2 mi Public PRESCHOOL-6 1 3
      Cesar Chavez Elementary School 3.3 mi Public PRESCHOOL-6 1 0
      Washington United Christian Academy 3.3 mi Private PRESCHOOL-8 0 4
      Chillum Elementary School 3.4 mi Public PRESCHOOL-6 2-5 4
      St. Anns High School 3.5 mi Catholic 9-12 0 0
      The Children's Guild 3.5 mi Private K-10 0 3
      George E Peters Adventist School 3.5 mi Private PRESCHOOL-8 0 4
      Columbia Park Elementary School 3.6 mi Public PRESCHOOL-6 1 2
      Ridgecrest Elementary School 3.6 mi Public PRESCHOOL-6 1 3
      Kenmoor Elementary School 3.7 mi Public PRESCHOOL-5 2 0
      Mary Harris 'mother' Jones Elementary School 3.7 mi Public PRESCHOOL-6 2 5
      Cherokee Lane Elementary School 3.8 mi Public PRESCHOOL-6 2-5 3
      Adelphi Elementary School 3.8 mi Public PRESCHOOL-6 2-5 4
      Kenmoor Middle School 3.9 mi Public 6-8 2-5 3
      Shabach! Christian Academy 3.9 mi Private PRESCHOOL-6 0 4
      Langley Park/mccormick Elementary School 3.9 mi Public PRESCHOOL-6 1 3
      Cool Spring Elementary School 3.9 mi Public PRESCHOOL-6 1 5
      Highland Park Christian Academy 3.9 mi Private PRESCHOOL-8 0 4
      Buck Lodge Middle School 4.1 mi Public 6-8 2 4
      Highland Park Elementary School 4.2 mi Public PRESCHOOL-6 3 3
      William Paca Elementary School 4.3 mi Public PRESCHOOL-6 1 2
      Oakcrest Elementary School 4.4 mi Public PRESCHOOL-6 0 4
      Cora L. Rice Elementary School 4.7 mi Public PRESCHOOL-6 1 3
      G. James Gholson Middle School 4.8 mi Public 7-8 1 2
      Jericho Christian Academy 5.0 mi Private PRESCHOOL-8 0 3
      Thomas G. Pullen School 5.6 mi Public K-8 3 4
      Chelsea School 6.0 mi Private 5-12 0 5
      Excel Academy Public Charter 6.4 mi Public K-8 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 Hyattsville, 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.