Market Intelligence · MD / Bowie

Bowie, MD 20721 Housing Market

The typical home in Bowie, MD 20721 is valued at $595,561, up 0.5% over the past year. The median list price stands at $642,500, with homes averaging 45 days on market.

Updated August 2026Median value$590K

The median home value in Bowie, MD 20721 is $590K as of August 2026, up 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 20721 range

$543K to $638K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.6% over 12 months

Typical home value in 20721 over the last 12 months: $587K in Aug 2025 to $590K in Aug 2026 (+0.6%).

Aug 2025$587K

Aug 2026$590K

The numbers

What is the 20721 housing market like?

Typical home value

$590K

Up0.6%YoY

Median list price

$643K

Up2.2%MoM

Days on market

45

Up15.4%MoM

Homes for sale

65

Up1.6%MoM

Price cuts

18.6%

Up35.0%MoM

New listings

36

Up38.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 20721 home prices compare?

  • 20721$590,284
  • Bowie$532,937
  • Maryland$448,067
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Bowie: 4 ZIPs; Maryland: 423 ZIPs; United States: 26,265 ZIPs).

Context

Bowie's housing market shows modest stability. There are 65 homes currently for sale, with 36 new listings as of the most recent data. The median days on market at 45 indicates homes are taking a moderate amount of time to sell. About 18.6% of listings have seen a price cut, suggesting some sellers are adjusting expectations. The slight upward movement in home values combined with steady inventory suggests a balanced market where sellers should price competitively and be prepared for a reasonable sales timeline.

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