Bowie, MD Foreclosures
How much do homes sell for in Bowie, MD?
The average home price is currently $576,202.
What’s the average rental cost in Bowie, MD?
The average rental price in Bowie is $2,647.
What is the most expensive home in Bowie?
The most expensive home sold in Bowie had a price of $109,892,172.
What is currently the cheapest priced home in Bowie, MD?
The cheapest home for sale in Bowie is priced at $17,072.
Living in Bowie, MD
Bowie, MD, is a bustling suburban city known for its family-friendly atmosphere, rich history, and convenient access to both urban and natural amenities. Residents enjoy a rich tapestry of parks, shopping, and highly-rated schools. With proximity to Washington D.C., Bowie blends suburban tranquility with urban accessibility.
Current Market Conditions in Bowie, MD
Bowie's real estate market is currently experiencing a steady increase in demand, driven by its desirable location and family-friendly amenities. Over the past few years, housing prices have seen an upward trend, making it a competitive market for homebuyers. The city has garnered interest from both first-time homebuyers and those looking to relocate from nearby urban areas.
The inventory of homes for sale has been somewhat limited, contributing to rising home prices. However, Bowie remains an attractive option due to its diverse housing stock, including single-family homes, townhouses, and condos. As the population continues to grow, the demand for housing is expected to remain strong.
Home Value Estimator For Bowie, MD
There are currently 37,668 real estate properties
in Bowie, MD,
with a median automated valuation model (AVM) price
of $509,358.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bowie, MD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Bowie, MD,
is $576,202.00, with the most expensive house
in Bowie, MD, topping out
at $109,892,172.00 and the cheapest home
in Bowie, MD,
clocking in at $17,072.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bowie, MD!
Rent Prices
In Bowie, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bowie, MD, is on
a rollercoaster ride. The
average rent price in Bowie, MD,
is $2,647.00. Indeed, when looking to rent in
Bowie, MD, you can expect to pay as little
as $940.00 or as much
as $5,820.00,
with the average rent median estimated to
be $2,520.00. The good news is that finding
an affordable and desirable property to rent in Bowie, MD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
