The story of this market
The typical home in ZIP 20747 sells for about $344,800, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,693 a month.
ZIP 20747 — District Heights
The housing market in 20747 remains stable, supported by consistent demand from first-time buyers and its relative affordability within the D.C. metro area. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader national trends. The area continues to benefit from its strategic location and ongoing regional economic development.
This ZIP code is well-suited for first-time homebuyers and working-class families seeking proximity to D.C. employment hubs without the premium price tags of closer suburbs. It also attracts investors looking for stable rental demand in a mature, established community.
Median prices moved up 4.2% year over year.
Homes spend a median of 32 days on market with 2.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.1% · poverty 11.5% — a stable, low-distress profile.
Built from 400 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20747, Prince Georges County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the District Heights area are generally higher than the national average, with property crime being the most frequently reported concern. Local law enforcement continues to focus on community-based initiatives to address regional safety trends.
Schools serving the 20747 ZIP code are part of the Prince George's County Public Schools system, which faces ongoing challenges regarding performance metrics and resource allocation. Many families in the area seek out magnet or charter options to supplement local educational offerings.
The area is primarily at risk for localized urban flooding during heavy precipitation events, typical of the Prince George's County region. Standard property insurance coverage is generally available, though homeowners are encouraged to review flood zone maps.
Economic momentum is driven by proximity to Washington, D.C., and major employment hubs in Prince George's County, including federal agencies and healthcare systems. Infrastructure improvements along the I-495 corridor continue to influence local development patterns.
Property taxes are assessed by Prince George's County based on the fair market value of the property, with rates determined by the county council and state-level requirements. Homeowners may qualify for the Maryland Homestead Property Tax Credit to limit annual assessment increases on their primary residence.
Residents benefit from proximity to the Capital Beltway (I-495) and various Metro bus routes, providing access to employment centers in D.C. and Northern Virginia. Commute times are generally consistent with inner-suburban Maryland averages.
The area features several local parks and community centers, including the District Heights Veterans Park, providing green space and recreational facilities. Shopping and dining options are concentrated along major thoroughfares like Marlboro Pike.
The rental market is characterized by steady demand due to the area's affordability relative to the broader D.C. metro region. Vacancy rates remain low, and there is a notable presence of long-term residential investors.
The local economy is anchored by service-sector jobs, retail, and proximity to major regional employers in the D.C. metro area, including federal government facilities and healthcare providers.
The area is served by a network of local roads and is well-connected to the regional transit system via Metro bus routes and proximity to major highway interchanges.
Development is largely focused on infill projects and the revitalization of existing commercial corridors to better serve the growing residential population.
The Prince George's County Department of Assessments and Taxation manages property valuations, utilizing a triennial assessment cycle to determine taxable values.
Parcels in this ZIP are subject to Prince George's County property taxes, with additional levies for local municipal services and the Washington Suburban Sanitary Commission (WSSC).
Property insurance premiums are influenced by regional hazard profiles, including wind and storm risks, with standard coverage widely available through major carriers.
Maryland has experienced moderate net domestic migration, with Prince George's County remaining a popular destination for families moving from the D.C. core.
Maryland is a judicial foreclosure state, requiring court oversight for the foreclosure process, which generally provides a longer timeline for homeowners.
Maryland law requires sellers to provide a residential property disclosure statement, detailing the condition of the property and any known material defects.
Data retrieved from U.S. Census Bureau American Community Survey 5-Year Estimates, Table DP04.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A central community park offering green space and local events.
The primary commercial artery serving the local population with various retail and service businesses.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.