Real Estate Market Update for Hyattsville, MD
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 7% 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 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 230-thousand dollars. The number of units sold increased 49% year-over-year, and decreased 1% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
Show Transcript
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 1.2 mi Public PRESCHOOL-5 1 3
      St Jerome School 1.3 mi Catholic PRESCHOOL-8 0 4
      Hyattsville Middle School 1.3 mi Public 6-8 1 3
      Hyattsville Hills Child & Family Center 1.3 mi Private PRESCHOOL-K 0 0
      University Park Elementary 1.4 mi Public PRESCHOOL-6 3 5
      Concordia Lutheran School 1.5 mi Private PRESCHOOL-8 0 4
      Woodridge Elementary 1.8 mi Public PRESCHOOL-6 2 2
      Greenwood School, Inc 1.8 mi Private PRESCHOOL-K 0 4
      St Matthews Parish Day School 1.8 mi Private PRESCHOOL-K 0 0
      Glenridge Elementary 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 Scho 1.9 mi Public 9-12 0 0
      St Mary's School 1.9 mi Catholic PRESCHOOL-8 0 4
      Cooper Lane Elementary 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 2 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 N Spellman Elementary 2.2 mi Public K-6 3 3
      Lamont Elementary 2.3 mi Public PRESCHOOL-5 2 3
      College Park Academy Charter School 2.3 mi Public - 0 0
      Charles Carroll Middle School 2.3 mi Public 6-8 1 3
      St Ambrose Elementary School 2.4 mi Catholic PRESCHOOL-8 0 4
      Carrollton Elementary 2.6 mi Public PRESCHOOL-5 2-5 4
      Rosa Parks Elementary 2.7 mi Public PRESCHOOL-6 2 5
      Robert Frost Elementary 2.7 mi Public K-5 3 3
      Lewisdale Elementary 2.8 mi Public PRESCHOOL-5 3 5
      Judith P Hoyer Early Childhood Center 2.8 mi Public PRESCHOOL-6 2-5 5
      Dodge Park Elementary 3.2 mi Public PRESCHOOL-6 2 3
      Cesar Chavez Elementary 3.3 mi Public PRESCHOOL-6 1 0
      Washington United Christian Academy 3.3 mi Private PRESCHOOL-8 0 4
      Chillum Elementary 3.4 mi Public PRESCHOOL-5 2 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 3.6 mi Public PRESCHOOL-6 1 2
      Ridgecrest Elementary 3.6 mi Public PRESCHOOL-6 1 3
      Kenmoor Elementary 3.7 mi Public PRESCHOOL-5 2 0
      Mary Harris 'mother' Jones Elementary 3.7 mi Public PRESCHOOL-5 1 5
      Cherokee Lane Elementary 3.8 mi Public PRESCHOOL-6 2-5 3
      Adelphi Elementary 3.8 mi Public PRESCHOOL-6 3-5 4
      Kenmoor Middle School 3.9 mi Public 6-8 2-5 3
      Shabach Christian Academy 3.9 mi Private PRESCHOOL-8 0 4
      Langley Park/mccormick Elementary 3.9 mi Public PRESCHOOL-6 2 3
      Cool Spring Elementary 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 4.3 mi Public PRESCHOOL-6 1 2
      Oakcrest Elementary 4.4 mi Public PRESCHOOL-6 0 4
      Cora L Rice Elementary 4.7 mi Public PRESCHOOL-6 1 3
      G James Gholson Middle 4.8 mi Public 7-8 1 2
      Jericho Christian Academy 5.0 mi Private PRESCHOOL-8 0 3
      Thomas Pullen School 5.6 mi Public K-8 3-5 4
      Chelsea School 6.0 mi Private 5-12 0 5
      Excel Academy Public Charter School 6.4 mi Public K-8 2-5 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 © 2015
      Local Weather for Hyattsville, MD
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.