Altos Market Data for Realtors

Bowie, MD

Single-Family Homes

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Bowie, MD

Tue Mar 19 2024
This week the median list price for Bowie, MD is $585,000 with the market action index hovering around 70. This is an increase over last month's market action index of 62. Inventory has decreased to 29. 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

Tue Mar 19 2024
This week the median list price for Bowie, MD is $585,000 with the market action index hovering around 70. This is an increase over last month's market action index of 62. Inventory has decreased to 29. 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 $585,000
Median Price of New Listings $589,000
Per Square Foot $241
Average Days on Market 88
Median Days on Market 28
Price Decreased 28%
Price Increased 0%
Relisted 7%
Inventory 29
Median Rent
Market Action 70
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
$859,000 3,390 0.5 - 1 acre 5 4 21 2 4 42
$680,000 2,520 0.25 - 0.5 acre 4 3.5 26 2 6 28
$540,800 2,105 0.25 - 0.5 acre 4 2.5 48 0 5 63
$450,000 1,885 0.25 - 0.5 acre 3 2 45 3 4 17