Prince George's County, Maryland Housing Market
In Prince George's County, Maryland, the median home value is $426,000, with a median monthly rent of $1,799. This places Prince George's County at #239 nationally out of 3134 counties by median home value, and #9 within Maryland.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,272
- Establishments: 18,498
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,530
- Multi-family: 560
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 390,708 (avg $71,586)
- Outflow: 389,828 (avg $71,664)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Prince George's County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 20712 | 381.3 | -0.24% | 2025 |
| 2 | 20708 | 283.9 | -2.33% | 2025 |
| 3 | 20710 | 294.0 | -3.12% | 2025 |
| 4 | 20737 | 334.2 | -0.84% | 2025 |
| 5 | 20770 | 283.4 | +6.38% | 2025 |
| 6 | 20769 | 279.2 | +3.24% | 2025 |
| 7 | 20740 | 318.0 | +2.49% | 2025 |
| 8 | 20721 | 268.1 | +9.78% | 2025 |
| 9 | 20774 | 274.4 | +2.29% | 2025 |
| 10 | 20706 | 296.6 | +0.95% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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| Metric | Prince George's County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $426,000 | $370,016 | $227,706 |
| Median Gross Rent | $1,799 | $1,459 | $968 |
| Owner Occupancy Rate | 62.3% | 72.7% | 73.3% |
| Price/Rent Ratio | 19.7 | 21.1 | 18.7 |
Market Analysis
The median home value in Prince George's County is 15.1% above the Maryland state average and 87.1% above the U.S. national average. The median rent of $1,799/month is 23.3% above the state average.
With a price-to-rent ratio of 19.7, the buy-vs-rent decision in Prince George's County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Prince George's County has an owner-occupancy rate of 62.3%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Storey County | Nevada | $426,400 | $1,153 |
| Broadwater County | Montana | $426,600 | $955 |
| Juab County | Utah | $425,400 | $907 |
| Weber County | Utah | $426,700 | $1,379 |
| Klickitat County | Washington | $425,300 | $1,105 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Charles County | $428,500 | $1,920 | 82.1% |
| Carroll County | $434,000 | $1,427 | 84.3% |
| Talbot County | $409,700 | $1,256 | 75.1% |
| St. Mary's County | $407,600 | $1,747 | 73.2% |
| Calvert County | $460,200 | $1,759 | 87.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).