What Is The Median Home Prices In Bowie MD?
The city of Bowie, Maryland is today the largest municipality in Prince George’s County and it all started with a small railroad stop. With a population of about 60,000 people, Bowie is the third-largest city in the state of Maryland. The city was also noted when CNN Money ranked it amongst the best places to live back in 2014.
The city kept its standard way up high and they continued to grow ever since. In a safe city such as Bowie, MD the residents enjoy a peaceful lifestyle away from the crowded metropolitan areas. As far as the costs of living in Bowie, MD, the prices are quite high, and you should be prepared for the expensive lifestyle. After all, a city with high living standards comes at a price and that standards are maintained with money coming from your pocket if you want to live in a good place like Bowie.
Since we have mentioned the high costs of living, you probably already know that the biggest expense is housing. At the moment the median home value in Bowie MD stands at around $370,000 according to Zillow and the median list price per square foot is about $180. More than 50% of homes listed for sale are situated between the price range of $300,000 to $500,000.
Also, the average rent price is about $1,800 in Bowie and it has increased by about 4% over the last year. Home prices in Bowie tend to maintain their value quite well and with the help of top real estate agents in Bowie MD you will be able to get some pretty sweet deals.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Person receiving la legacy from a will. Normally a legatee will receive personal property possibly including real property. ...
See clapboard. ...
Fee paid only if other criteria are met. ...
Expected period that property will provide benefits. It is typically less than physical life of the property because the property continues to have physical life regardless of inefficiency ...
See estoppel. ...
Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested. ...
The first thing we have to understand about the voidable contract definition is that it is not the same thing as a void contract. A voidable contract can become a void contract if a court ...
Foreign-born individual not qualifying as a citizen of the country in which he or she resides. ...
Also called an installment sales contract or contract foe feed. A type of creative financing in real estate allowing the seller to finance a buyer by allowing him or her to make a down ...
Have a question or comment?
We're here to help.