Altos Market Data for Realtors

Bowie, MD

Single-Family Homes

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Bowie, MD

Fri Apr 03 2020
This week the median list price for Bowie, MD is $418,445 with the market action index hovering around 68. This is an increase over last month's market action index of 62. Inventory has held steady at or around 68. Click here to stay informed with the Bowie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Bowie, MD

Fri Apr 03 2020
This week the median list price for Bowie, MD is $418,445 with the market action index hovering around 68. This is an increase over last month's market action index of 62. Inventory has held steady at or around 68. Click here to stay informed with the Bowie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Bowie market.
Median List Price $418,445
Per Square Foot $183
Days on Market 79
Price Decreased 21%
Price Increased 3%
Relisted 1%
Inventory 68
Median Rent $2,100
Most Expensive $1,600,000
Least Expensive $265,000
Market Action 68
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$729,872 4,256 1 - 2.5 acres 5 3 9 4 2 150
$459,999 2,738 0.25 - 0.5 acre 5 3 31 8 8 84
$390,000 2,012 0.25 - 0.5 acre 4 2 54 6 3 24
$359,990 1,876 0.25 - 0.5 acre 3 2 54 5 4 57