20721 Housing Market Report May 2025•Prince George's County, Maryland

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Housing Prices in 20721, MD

How much do homes in 20721, MD cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$599,000$242/SqFt
-$66,000
-9.9%

Based on all homes listed in May 2025

Insight

The list price of homes in 20721 has decreased by 9.9% since April.

Summary: The median home list price in 20721 was $599,000 in May 2025, down 9.9% from the previous month, and the median price per square foot was $242.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
20706
+1.7%
20720
-1.2%
20716
-2.6%
20774
-4.8%
20721
-9.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1$199.9K$199.9K
0.0%
2$232K$225K
-3.0%
3$450K$463.5K
+3.0%
4$670K$659.9K
-1.5%
5$925K$814.9K
-11.9%

Summary: 20721 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.0%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes decreased by -1.5%. The home price for 5 bedroom homes decreased by -11.9%.

How does 20721, MD compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

20721, MD

Housing supply in 20721, MD

How many homes are available in 20721, MD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
86Last MonthMay 2025
452 months agoApr 2025
+91.1 %
Change MoMApr – May

Summary: The 20721 real estate market had 86 homes for sale in May 2025, a 91.1 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
224
+100.0%
31324
+84.6%
41427
+92.9%
51530
+100.0%

Summary: 20721 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +84.6%. The inventory for 4 bedroom homes increased by +92.9%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 20721, MD cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in 20721, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 20721 in May 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for 20721, MD

How long does it take to sell a home in 20721, MD?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 20721 are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 1 homes were sold in 20721; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
51 DaysLast MonthMay 2025
66 Days1 month agoApr 2025
-22.4 %
Change MoMApr – May

Summary: Homes in 20721 had an average listing age of 51 days in May 2025, down by 22.4% compared to the previous month.

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Newest Listings in 20721, MD

What homes are available in 20721, MD?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from BrightMLS, for the period 04/01/2025 - 06/01/2025

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 5:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.