The College Park Real Estate Market, Explained
College Park Is Not One Market
What Prices Do Across College Park
See the Prince George’s County market overview →
What College Park Is
The College Park housing market is shaped by the University of Maryland, the Green Line, and a mix of older brick Colonials and newer infill in Prince George's County, Maryland. Buyers compare Calvert Hills, University Park, Old Town, Berwyn, and North College Park. Location relative to campus and transit matters as much as the house itself.
Which neighborhoods in College Park do buyers compare?
College Park buyers usually compare Calvert Hills, University Park, Old Town College Park, Berwyn, and North College Park with Hollywood. They differ in housing age, walkability, and distance to campus and transit. The table below summarizes each area so you can plan your tours around what matters most.
| Area | Housing and setting | What buyers weigh |
|---|---|---|
| Calvert Hills | Hillside streets with historic homes near the University's main gate | Walk to campus, renovation potential |
| University Park | Independent town with its own police force and wooded streets | Established single-family streets, town services |
| Old Town College Park | Modern infill and mixed-use near the Discovery District | Paint Branch Trail, downtown dining |
| Berwyn | Lower-density streets with architectural charm | Transit convenience, Greenbelt MARC proximity |
| North College Park / Hollywood | Detached homes and modern villas near Hollywood Gateway Park | Beltway access |
Calvert Hills and Old Town suit buyers who want to be near campus and downtown dining. University Park and Berwyn suit buyers who want quieter residential streets. Visit on a game day or class day and again on a quiet weekday to see the difference.
How much do homes in College Park cost?
The U.S. Census Bureau reports a median value of owner-occupied homes of $437,900 for College Park city (U.S. Census Bureau, ACS 2020-2024). This is a five-year survey estimate, not a current asking price. A specific home's value depends on its area, condition, and recent comparable sales.
Homes near campus and homes in quieter residential streets can sell very differently. We compare your home with the closest recent sales before suggesting a number.
What kinds of homes are for sale in College Park MD?
Homes for sale in College Park MD include 1920s through 40s brick Colonials and Cape Cods, plus modern high-rises and custom infill near the Discovery District. Older homes can bring renovation and permit questions, so inspections matter. Ask whether a home near campus has been used as a student rental and what city rules apply.
Major intersections include Baltimore Avenue (US-1) and University Boulevard (MD-193), and Rhode Island Avenue and Edgewood Road. Primary ZIP codes are 20740, 20742, and 20782.
What is the commute like from College Park?
College Park residents use the Green Line from the College Park Metro station, which is also an intermodal hub. One example trip leaves at 7:10 AM, clears the College Park platform, and reaches the District in 22 minutes by Metro. Hyattsville is about 5 minutes south. Route 1 can back up at busy hours.
The Purple Line is also tied to the College Park station area, so check its current status if transit is a deciding factor.
Which schools serve homes in College Park?
College Park Academy is at 5751 Rivertech Ct, Riverdale Park, MD 20737. Beltsville Academy is at 4300 Wicomico Ave and Vansville Elementary is at 6813 Ammendale Rd, both in Beltsville, MD 20705. Prince George's County Public Schools has proposed boundary adjustments affecting some of these schools, so confirm the assignment for each address.
How should you price when selling a home in College Park?
We price from recent comparable sales in the same area, then adjust for condition, updates, and lot. Buyers often ask about the roof, HVAC system, and any improvements, so gather those records before you list. Clear documentation helps avoid doubts during the inspection and appraisal.
Sellers sometimes need a rent-back after closing while they buy their next home. We review that option and your other offer terms with you.
What should buyers check before buying College Park real estate?
Check city and county taxes, the assessment, and school assignment. College Park has its own city council and property tax, in addition to county taxes. Owners who dispute an assessment can file with the State Department of Assessments and Taxation by the deadline. We review inspections and contract terms with you.
Learn more about Prince George's County, see our market reports, or read about buyer representation, seller representation, and luxury home sales. Levi Loveless is a real estate agent with RE/MAX Realty Group at 7373 Wisconsin Ave Suite 1700, Bethesda, MD 20814. Call (301) 275-7744. He is licensed in Maryland and Virginia only.
Explore College Park Neighborhood by Neighborhood
How We Read the College Park Market
College Park Market Questions
Next steps for sellers and buyers
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Make Your Decision With Local Context
Which ZIP codes cover College Park?
College Park real estate searches usually involve ZIP codes 20740, 20742, and 20782. Beltsville Academy and Vansville Elementary use 20705 addresses, while College Park Academy uses 20737. Verify the ZIP code, the municipality, and the school assignment for any specific home before you make plans or write an offer.
College Park at a glance
| City | College Park |
|---|---|
| Agent page | Real estate agent in College Park |
| County | Prince George’s County, MD |
| Median home value | $437,900 (owner-occupied homes, College Park city, 2020-2024) |
| Agent | Levi Loveless, RE/MAX Realty Group |
| Licensed in | Maryland and Virginia |
| Office | 7373 Wisconsin Ave Suite 1700, Bethesda, MD 20814 |
| Phone | (301) 275-7744 |
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, table B25077.
“They were fierce negotiators and worked tirelessly to get me a reduced sales price, which is a testament to their skill and expertise.”
Monica Z., Google review
Questions people ask
Which ZIP codes cover College Park?
College Park real estate searches usually involve ZIP codes 20740, 20742, and 20782. Beltsville Academy and Vansville Elementary use 20705 addresses, while College Park Academy uses 20737. Verify the ZIP code, the municipality, and the school assignment for any specific home before you make plans or write an offer.
Is University Park part of College Park?
University Park is described as an independent town with its own police force and wooded streets, separate from the City of College Park. Services, taxes, and rules differ by municipality, so confirm which jurisdiction a specific home sits in before you compare prices.
Does Levi Loveless work in College Park?
Yes. Levi Loveless is licensed in Maryland and Virginia and works with his team partner Taylor Dawson at RE/MAX Realty Group. The office is at 7373 Wisconsin Ave Suite 1700, Bethesda, MD 20814. Call (301) 275-7744 to discuss buying or selling in College Park.
Moving to College Park, MD? Housing Market and Cost of Living Answers
Is College Park, MD a buyer's or seller's market right now?
Prince George's County had 3.7 months of supply in September 2026, with 2,340 active listings (+23.9% year over year), per Bright MLS. Under about four months usually favors sellers. In College Park, homes sold in a median 35 days over the last three months (Redfin), and conditions vary by price range.
Are homes in College Park, MD selling above asking?
From July through September 2026, College Park homes sold for a median 100.2% of their list price, according to Redfin. Above 100% means many sold over asking; below means buyers negotiated. Results differ by price point and condition, so we study recent comparable sales before you price or offer.
Are home prices going up in College Park, MD?
Price direction in College Park depends on interest rates, how many homes are listed, and demand from buyers moving within Prince George's County. Rather than quote a single number that changes monthly, we compare this year's closed sales with last year's for your home type using Bright MLS data. Call (301) 275-7744 or book a consultation.
What is the price per square foot for homes in College Park, MD?
Price per square foot in College Park swings with home type, age, lot size and condition, so a single average can mislead. Townhouses, condos and detached homes each have their own range. We pull recent Bright MLS sales of homes like yours and compare them on a per-square-foot basis.
How much is a 3 bedroom house in College Park, MD?
It varies with home type, size, condition and lot. A three-bedroom townhouse and a three-bedroom single-family home in College Park can sit in very different ranges. Tell us your must-haves and we will pull recent Bright MLS sales so you see real numbers, not online estimates.
How long do homes take to sell in College Park, MD?
Homes in College Park sold in a median of 35 days from July through September 2026, according to Redfin. Across Prince George's County, Bright MLS reported a median of 24 days on market in September 2026. Well-priced, well-prepared homes sell faster, and we track the pace for your segment.
Which high school serves my address in College Park, MD?
High school assignments in College Park follow Prince George's County Public Schools boundaries, which can split a neighborhood and change over time. Check the district's official school boundary locator for the exact address before you make an offer, and confirm again before settlement if a boundary review is under way.
Should I rent or buy in College Park, MD?
Compare the full monthly cost of owning in College Park, including mortgage, taxes, insurance and HOA fees, with your rent, and think about how long you will stay. Buying usually makes more sense the longer you hold. We can run a side-by-side using current listings and rents. Call (301) 275-7744 or book a consultation.
How are property taxes calculated in College Park, MD?
Prince George's County and the City of College Park both tax homes on the assessed value set by the Maryland Department of Assessments and Taxation, which reassesses every three years. Owner-occupants can apply for the Homestead Tax Credit. Rates are posted yearly on the county website, and we estimate the bill for any College Park home you consider.
What drives the cost of living in College Park, MD?
Housing is the biggest piece in College Park, followed by property taxes, HOA or condo fees where they apply, utilities, commuting and insurance. Comparing these line by line with where you live now gives a clearer picture than an index. We help buyers estimate the full monthly cost.
What county is College Park, MD in?
College Park is in Prince George's County, Maryland. It is an incorporated city, so homeowners deal with both the City of College Park and the county for taxes, permits and services. Check both when you estimate a tax bill. We confirm the county, tax account and any town limits for every home our clients consider.
How can I see homes for sale in College Park, MD before they hit the market?
This site does not run a listing search. Instead we set up a Bright MLS search tailored to your criteria, so new College Park listings reach you as soon as they are entered, and we share coming-soon and off-market leads from our network. Call (301) 275-7744 or book a consultation.
Do I need a rental license in College Park, MD?
Yes. The City of College Park licenses rental housing through a rental occupancy permit with inspections, and Prince George's County also licenses single-family rentals. Check the city code and county licensing pages for current fees and occupancy limits before you rent out a house or buy one with tenants.
How common are bidding wars in College Park, MD?
They happen most with well-priced, updated homes near the university and the Metro, especially in spring. Homes needing work see less competition. We check how many recent College Park sales closed above list price so buyers can decide how strong their offer needs to be.
Tell us about your move. Levi or Taylor will reply personally, usually the same day.