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Featured local agent — Greenbelt, MD
Sarah Mitchell
Compass Real Estate · Greenbelt, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greenbelt, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$260,000median sale price
How is the Greenbelt, MD housing market right now?
The median home sale price in Greenbelt, MD is $260,000, down 16.4% year-over-year. Homes sell in an average of 50 days with 61 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Greenbelt a buyer's or seller's market?
Greenbelt, MD is currently a balanced market, based on 3.2 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
50
Average pace
Active listings
61
3.2 months supply
Sale-to-list
99.5%
Below asking
What does the Greenbelt housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $266,000 |
| Year-over-year price change | -16.4% |
| Average days on market | 50 days |
| Active inventory | 61 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $227/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 33 |
| Listings with a price cut | 18.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Greenbelt by property type?
How the Greenbelt, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $192,000 | $183/sq ft | 4 | 61 days |
| Townhouse | $312,500 | $236/sq ft | 14 | 56 days |
Source: Redfin · Updated monthly
The Greenbelt housing market is currently classified as a balanced market with a median sale price of $260,000. Prices have fallen 16.4% compared to last year, with homes spending an average of 50 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Greenbelt
There are currently 61 homes listed for sale in Greenbelt, Maryland. The median listing price is $266K.
Active listings
61
Homes on market
Median list price
$266K
Avg. days on market
50
Days until sale
New this week
33
Newly listed
Who lives in Greenbelt?
Population
24,572
Median income
$86,352/yr
Median age
37.2 years
Owner-occupied
47.9%
College grads
46.1%
Avg commute
33.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Greenbelt?
Zillow home value
$282,665
Zillow rent index
$2,083/mo
Price-to-rent ratio
11.3x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Greenbelt?
Greenbelt is a community of approximately 25K residents with a median age of 37.2 years.The median household income is $86,352, which reflects a relatively affluent area with strong earning potential. 46.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 47.9%, showing a blend of owner and renter-occupied properties. The average commute time is 33.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Greenbelt offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Greenbelt?
5 schools tracked · 5,779 students
The largest public schools serving Greenbelt, 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.
Eleanor Roosevelt High
Grades 9-12 · 2,557 students
Greenbelt Middle
Grades 6-8 · 1,242 students
Springhill Lake Elementary
Grades PK-5 · 757 students
Dora Kennedy French Immersion
Grades K-8 · 680 students
Greenbelt Elementary
Grades PK-5 · 543 students
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 Greenbelt, MD?
Want a head-to-head view? Compare Greenbelt side-by-side with any other U.S. city using our market-comparison tool.
Is Greenbelt a good real estate investment market?
For investors evaluating Greenbelt, the price-to-rent ratio of 11.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 16.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Greenbelt's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Greenbelt's median home price.
Frequently asked questions
What is the average home price in Greenbelt?
The median home sale price in Greenbelt is $260,000, down 16.4% from last year.
How long do homes stay on market in Greenbelt?
Homes typically spend 50 days on market before going under contract.
What is the median income in Greenbelt?
The median household income is $86,352 per year.
Is Greenbelt a buyer's or seller's market?
With 3.2 months of supply, Greenbelt is currently a balanced market.
What is the Zillow home value estimate for Greenbelt?
The Zillow Home Value Index (ZHVI) for Greenbelt is $282,665, representing the typical home value in the area.
What is the median condo price in Greenbelt?
The median condo/co-op sale price in Greenbelt, MD is $192,000, based on the latest Redfin data.
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