Home Values

Bowie Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$308,600

  • 4.0% 1-year change
  • 0.3% 1-year forecast

The median home value in Bowie is $308,600. Bowie home values have gone up 4.0% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in Bowie is None. The median rent price in Bowie is $1,900, which is lower than the Washington Metro median of $1,925.

Foreclosures will be a factor impacting home values in the next several years. In Bowie 8.1 homes are foreclosed (per 10,000). This is greater than the Washington Metro value of 3.3 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bowie is 10.2%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bowie homeowners underwater on their mortgage is 30.7%, which is higher than Washington Metro at 17.2%.

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Relative ZHVI
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Bowie Market Overview

Data through May 31, 2015
  • $308,600 ZHVI
  • 0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $310,750 Median sale price (Apr 30, 2015)
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Bowie Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 30.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 10.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

8.1 homes(Apr 30, 2015) Bowie
3.3 homes Washington Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Gambrills $345,300
Glenn Dale $323,700
Crofton $318,400
Name Median ZHVI
Odenton $268,500
Springdale $260,600
Kettering $221,200
Name Median ZHVI
Lanham Seabrook $214,400
Glenarden $191,600
Largo $189,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $144 Median sale price / sq ft
  • No data Listings with price cut
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Bowie Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,099 Bowie
    $2,107 Washington Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,900 Rent list price
  • $1.29 Rent list price / sq ft
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