Housing Insights for ZIP Code 20748 (Temple Hills, MD)

Housing Summary for ZIP Code 20748

Homeowners

The median home value in ZIP Code 20748 (Temple Hills, MD) is $266,700. Approximately 53.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.2%.

The average occupancy of owner-occupied units in ZIP Code 20748 is 2.77 occupants, while owner-occupied units have an aggregate average size of 2.79 bedrooms per housing unit.

Renters

In the 20748 ZIP Code, an estimated 46.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 6.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.46 occupants, while renters in this Prince George's County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 20748

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20748.

ZIP 20748 Maryland U.S.
Median Home Value $266,700 $430,752 $361,498
Owner-Occupied Housing Units 53.8% 66.9% 64.0%
Homeowner Vacancy Rate 2.2% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.77 2.75 2.70
Average # of Bedrooms Per Unit 2.79 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 46.2% 33.1% 36.0%
Rental Vacancy Rate 6.9% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.46 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 20748 (Temple Hills, MD)

The median home value in ZIP Code 20748 is $266,700. That median value is about 15% lower than the median home value of $314,800 in Maryland overall, and is 23% higher than the $217,500 the median home value in the entire U.S. An estimated 46.4% of homes in ZIP Code 20748 are valued $200,000 to $299,999. That is 90% higher than in the state of Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 137% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 20748 homes fall into is $1,000,000 or more (0.2% of homes).

Home Values in ZIP Code 20748

This chart visualizes the breakdown of home values in ZIP Code 20748, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20748 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20748

See the table below for a regional comparison of home values in ZIP Code 20748.

Home Value ZIP 20748 Maryland U.S.
Less than $50,000 3.9% 2.7% 6.9%
$50,000 to $99,999 2.9% 3.7% 12.0%
$100,000 to $149,999 3.1% 6.3% 13.3%
$150,000 to $199,999 9.4% 9.9% 14.0%
$200,000 to $299,999 46.4% 24.4% 19.6%
$300,000 to $499,999 31.6% 32.8% 19.3%
$500,000 to $999,999 2.4% 17.1% 11.4%
$1,000,000 or more 0.2% 3.1% 3.4%

Home Ages in ZIP Code 20748 (Temple Hills, MD)

Approximately 28.7% of homes in this Temple Hills, MD region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 20748 is about 150% higher than percentage of homes built in this time period in Maryland overall (11.5% of homes), and is 171% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 26.3% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.2% of homes in this Prince George's County ZIP Code were built in 2014 or later in ZIP Code 20748. In comparison, 2.3% of homes in Maryland overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20748

A detailed regional comparison of home ages in ZIP Code 20748.

Year Built ZIP 20748 Maryland U.S.
2014 or later 0.2% 2.3% 2.5%
2010 to 2013 0.6% 2.6% 2.7%
2000 to 2009 2.5% 11.4% 14.0%
1990 to 1999 8.1% 14.3% 13.9%
1980 to 1989 7.6% 15.3% 13.4%
1970 to 1979 19.1% 14.1% 15.2%
1960 to 1969 28.7% 11.5% 10.6%
1950 to 1959 26.3% 11.4% 10.3%
1940 to 1949 5.9% 5.2% 4.9%
1939 or earlier 0.9% 11.8% 12.6%

Age of Homes in ZIP Code 20748

See the chart below for details on the age of homes in ZIP Code 20748, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20748

Frequently asked questions about housing in this Temple Hills, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20748.

1

What is the average home value ZIP Code 20748?

The median home value in ZIP Code 20748 (Temple Hills, MD) is $266,700.
2

Are homes expensive in ZIP Code 20748?

The median home value in 20748 ($266,700) is an estimated 15% lower than the aggregate median value of $314,800 in Maryland, and is 23% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 20748?

The vacacy rate for owner-occupied housing in ZIP Code 20748 is 2.2%. This rate is 29% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 20748 vacancy rate is 38% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20748 have older homes or newer construction?

In ZIP Code 20748, about 28.7% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 26.3% of homes in the region were built in 1950 to 1959. In contrast, 0.2% of homes in 20748 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 20748? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20748 than renter-occupied housing. Owner-occupied units make up 53.8% of housing, compared to 46.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20748?

The vacacy rate for rental units in ZIP Code 20748 is 6.9%. This rate is 15% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 20748 vacancy rate is 15% higher than the entire U.S. vacancy rate of 6.0%.