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Sarah Mitchell

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Compass Real Estate · College Park, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

College Park, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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College Park, MD Housing Market

Strong seller's market-2.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in College Park, MD is worth $433,425, fell 2.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $429,900, -18.1% year over year (through May 2026). With 1.9 months of supply and homes going under contract in about 29 days, College Park is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $433,425 home is about $2,314/mo in principal and interest.

Key numbers for College Park, MD

Typical home value

$433,425

-2.9% in 12 months

Zillow, August 2026

Typical asking rent

$1,992/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$429,900

-18.1% year over year

Redfin, through May 2026

Days on market

29

Average pace

Redfin, through May 2026

Active listings

39

1.9 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$74,867

Home costs 5.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.3%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is College Park a buyer's or seller's market?

Strong seller's market1.9 months of supply29 days on market101.3% of asking

College Park, MD is a strong seller's market, based on 1.9 months of supply and homes selling in about 29 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the College Park housing market data show?

Every row below is Redfin's final published month for College Park, MD. Redfin, through May 2026

Housing market statistics for College Park, MD, Redfin through May 2026
MetricValue
Median sale price$429,900
Median list price$482,000
Year-over-year price change-18.1%
Median price per sq ft$269/sq ft
Median days on market29 days
Active inventory39 listings
Months of supply1.9 months
Sale-to-list price ratio101.3%
Homes sold (that month)21
New listings (that month)20
Listings with a price cut23.1%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for College Park is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in College Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have College Park home prices moved?

Over the last three years the median sale price in College Park, MD fell 7.5%, from $465,000 to $429,900. The live Zillow value series has fell 2.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.1% of College Park listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.9 months while the sale-to-list ratio slips below its current 101.3%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in College Park?

Priced off the typical home value of $433,425 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in College Park, MD
Down paymentCash at closeLoan amountMonthly P&I
20%$86,685$346,740$2,314/mo
5%$21,671$411,753$2,748/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,314, that implies roughly $99,165 a year before you add taxes and insurance. The median household in College Park earns $74,867, about $24,298 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in College Park in the next 12 months?

Tell us your timeline. We send the College Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in College Park?

Typical asking rent in College Park, MD is $1,992/mo, against a typical home value of $433,425. That is a price-to-rent ratio of 18.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,314 a month — $322 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in College Park?

Active listings in College Park, MD went from 30 in May 2025 to 39 in May 2026, a +30.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in College Park, MD
MonthActive listingsNew listings
June 20253014
July 20253316
August 20253816
September 20252810
October 20253115
November 2025287
December 2025257
January 20262912
February 20263112
March 20262815
April 20263527
May 20263920

Redfin, through May 2026

How does College Park compare to Maryland and the U.S.?

College Park homes sell for $429,900 — 10% below the Maryland median of $477,300. Against the national median of $410,700, College Park runs 5% higher. Year-over-year, College Park moved -18.1% against Maryland's +5.5% — a bigger swing than the state as a whole.

College Park, MD compared with Maryland and the United States
MarketMedian sale priceYoYDays on market
College Park, MD$429,900-18.1%29 days
Maryland statewide$477,300+5.5%34 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in College Park

What buyers should watch

  • Months of supply, currently 1.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 23.1%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $434 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $433,425 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median College Park listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.3% of asking. Price at the number you want and let competition do the rest.
  • In the last published month College Park added 20 new listings against 21 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -2.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside College Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in College Park

There are currently 39 homes listed for sale in College Park, Maryland. The median listing price is $482K. Featured listings range from $109,900 to $849,900.

condo for sale at 6100 Westchester Park Dr Apt 707 College Park 20740 - $109,900
New Listing
$109,900

6100 Westchester Park Dr Apt 707

College Park, MD 20740

0 bd1 ba527 sqft$209/ft²
Condo

Charles Worthy · The Real Estate Store

View photos & details
2 bedroom condo for sale at 4709 Tecumseh St Apt 201 College Park 20740 - $269,000
New Listing
14
$269,000

4709 Tecumseh St Apt 201

College Park, MD 20740

2 bd2 ba1,052 sqft$256/ft²
Condo

Minxia Yuan · Libra Realty, LLC

View photos & details
New Listing
$350,000

8434 Potomac Ave

College Park, MD 20740

2 bd2 ba936 sqft$374/ft²
House6,930 sqft lot

Kisha Martin-Burney · Compass

View photos & details
3 bedroom house for sale at 7508 Creighton Dr College Park 20740 - $371,000
New Listing
44
$371,000

7508 Creighton Dr

College Park, MD 20740

3 bd3 ba1,862 sqft$199/ft²
House8,635 sqft lot

Kimberly Lally · EXP Realty, LLC

View photos & details
2 bedroom house for sale at 9737 52nd Ave College Park 20740 - $380,000
New Listing
27
$380,000

9737 52nd Ave

College Park, MD 20740

2 bd2 ba720 sqft$528/ft²
House7,367 sqft lot

Karin Burke · Maryland Real Estate Network

View photos & details
4 bedroom house for sale at 9723 Narragansett Pkwy College Park 20740 - $429,900
New Listing
40
$429,900

9723 Narragansett Pkwy

College Park, MD 20740

4 bd2 ba1,392 sqft$309/ft²
House6,118 sqft lot

Timothy Mull · RE/MAX Realty Services

View photos & details
3 bedroom house for sale at 9501 49th Pl College Park 20740 - $450,000
New Listing
26
$450,000

9501 49th Pl

College Park, MD 20740

3 bd2 ba2,686 sqft$168/ft²
House7,551 sqft lot

Stephen Gabauer · CENTURY 21 New Millennium

View photos & details
3 bedroom house for sale at 4810 Fox St College Park 20740 - $474,900
New ListingPrice Drop −$5K
47
$474,900

4810 Fox St

College Park, MD 20740

3 bd2 ba1,050 sqft$452/ft²
House8,312 sqft lot

Jeff Chreky · Compass

View photos & details
4 bedroom house for sale at 10112 51st Ave College Park 20740 - $485,000
39
$485,000

10112 51st Ave

College Park, MD 20740

4 bd3 ba2,099 sqft$231/ft²
House6,720 sqft lot

Michael Frank · EXP Realty, LLC

View photos & details
5 bedroom house for sale at 5005 Apache St College Park 20740 - $515,000
33
$515,000

5005 Apache St

College Park, MD 20740

5 bd3 ba1,859 sqft$277/ft²
House6,250 sqft lot
View photos & details
5 bedroom townhouse for sale at 4761 Cherokee St College Park 20740 - $638,000
New Listing
13
$638,000

4761 Cherokee St

College Park, MD 20740

5 bd5 ba1,680 sqft$380/ft²
Townhouse940 sqft lot

Ying Chen · Coldwell Banker Realty

View photos & details
6 bedroom house for sale at 4800 Erie St College Park 20740 - $849,900
New Listing
2
$849,900

4800 Erie St

College Park, MD 20740

6 bd3 ba1,688 sqft$503/ft²
House1.00 acres

Fredy Donado · The Agency DC

View photos & details

Looking to buy in College Park?

Get connected with a local real estate expert — free, no obligation.

Active listings

39

Homes on market

Median list price

$482K

Avg. days on market

29

Days until sale

New this week

20

Newly listed

Price drops:23.1%of listings
Sale-to-list:101.3%

How much do homes cost in College Park by property type?

How the College Park, MD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in College Park, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$429,900$269/sq ft2129 days
Condo / co-op$210,000$248/sq ft1181 days
Townhouse$595,000$241/sq ft1362 days

Who lives in College Park?

American Community Survey estimates for College Park. U.S. Census ACS, 2023

Population

34,397

Households

9,183

Median income

$74,867/yr

Median age

21.6 years

Owner-occupied

38.2%

Median home value

$429,000

Median gross rent

$1,846/mo

Mean commute

24.4 min

38.2% of occupied homes in College Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $429,000 against Zillow's $433,425 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,846/mo, below Zillow's $1,992/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve College Park?

2 schools tracked · 782 students

The largest public schools serving College Park, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Paint Branch Elementary

Grades PK-5 · 481 students

Public

Hollywood Elementary

Grades PK-5 · 301 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near College Park, MD?

Ordered by distance from College Park, not by size. Compare College Park side by side with any of them.

Which ZIP codes are in College Park?

These are the ZIP codes we see on active College Park listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

College Park housing market FAQ

Is College Park a buyer's or seller's market?

College Park, MD is currently a strong seller's market. That read comes from 1.9 months of supply, homes going under contract in about 29 days, and sellers getting 101.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in College Park?

The typical home in College Park, MD is worth $433,425 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $429,900, about $269 per square foot.

Is College Park cheaper than the rest of Maryland?

College Park's median sale price of $429,900 is 10% lower than the Maryland statewide median of $477,300, and 5% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in College Park?

Homes in College Park, MD spent a median of 29 days on market before going under contract, versus 34 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in College Park?

At the current 30-year fixed rate of 7.03%, 20% down on a $433,425 home is about $2,314 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $99,165 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $74,867.

Are home prices rising in College Park?

The typical home value in College Park, MD fell 2.9% over the last 12 months, from $446,249 to $433,425 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in College Park?

College Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in College Park?

That depends on your timeline, not on a headline. What the data says today: College Park, MD is a strong seller's market with 1.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.