Housing Insights for ZIP Code 20781 (Hyattsville, MD)

Housing Summary for ZIP Code 20781

Homeowners

The median home value in ZIP Code 20781 (Hyattsville, MD) is $327,800. Approximately 55.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 20781 is 3.14 occupants, while owner-occupied units have an aggregate average size of 2.6 bedrooms per housing unit.

Renters

In the 20781 ZIP Code, an estimated 44.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.3%.

Among renter-occupied units in this ZIP, the average occupancy is 2.78 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 20781

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20781.

ZIP 20781 Maryland U.S.
Median Home Value $327,800 $433,613 $361,498
Owner-Occupied Housing Units 55.6% 66.9% 64.0%
Homeowner Vacancy Rate 0.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.14 2.75 2.70
Average # of Bedrooms Per Unit 2.6 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 44.4% 33.1% 36.0%
Rental Vacancy Rate 7.3% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.78 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 20781 (Hyattsville, MD)

The median home value in ZIP Code 20781 is $327,800. That median value is about 4% higher than the median home value of $314,800 in Maryland overall, and is 51% higher than the $217,500 the median home value in the entire U.S. An estimated 49.0% of homes in ZIP Code 20781 are valued $300,000 to $499,999. That is 49% higher than in the state of Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 154% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 20781 homes fall into is $1,000,000 or more (0.2% of homes).

Home Values in ZIP Code 20781

This chart visualizes the breakdown of home values in ZIP Code 20781, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20781 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20781

See the table below for a regional comparison of home values in ZIP Code 20781.

Home Value ZIP 20781 Maryland U.S.
Less than $50,000 0.6% 2.7% 6.9%
$50,000 to $99,999 1.1% 3.7% 12.0%
$100,000 to $149,999 3.6% 6.3% 13.3%
$150,000 to $199,999 3.5% 9.9% 14.0%
$200,000 to $299,999 33.3% 24.4% 19.6%
$300,000 to $499,999 49.0% 32.8% 19.3%
$500,000 to $999,999 8.7% 17.1% 11.4%
$1,000,000 or more 0.2% 3.1% 3.4%

Home Ages in ZIP Code 20781 (Hyattsville, MD)

Approximately 26.8% of homes in this Hyattsville, MD region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 20781 is about 127% higher than percentage of homes built in this time period in Maryland overall (11.8% of homes), and is 113% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 17.3% of local homes were built in 1960 to 1969. On the other end of the scale, just 3.5% of homes in this Prince George's County ZIP Code were built in 1990 to 1999 in ZIP Code 20781. In comparison, 14.3% of homes in Maryland overall were built in 1990 to 1999, while 13.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20781

A detailed regional comparison of home ages in ZIP Code 20781.

Year Built ZIP 20781 Maryland U.S.
2014 or later 4.4% 2.3% 2.5%
2010 to 2013 5.0% 2.6% 2.7%
2000 to 2009 5.2% 11.4% 14.0%
1990 to 1999 3.5% 14.3% 13.9%
1980 to 1989 4.5% 15.3% 13.4%
1970 to 1979 5.6% 14.1% 15.2%
1960 to 1969 17.3% 11.5% 10.6%
1950 to 1959 15.4% 11.4% 10.3%
1940 to 1949 12.4% 5.2% 4.9%
1939 or earlier 26.8% 11.8% 12.6%

Age of Homes in ZIP Code 20781

See the chart below for details on the age of homes in ZIP Code 20781, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

">

Housing FAQs for ZIP Code 20781

Frequently asked questions about housing in this Hyattsville, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20781.

1

What is the average home value ZIP Code 20781?

The median home value in ZIP Code 20781 (Hyattsville, MD) is $327,800.
2

Are homes expensive in ZIP Code 20781?

The median home value in 20781 ($327,800) is an estimated 4% higher than the aggregate median value of $314,800 in Maryland, and is 51% 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 20781?

The vacacy rate for owner-occupied housing in ZIP Code 20781 is 0.0%. This rate is 100% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 20781 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20781 have older homes or newer construction?

In ZIP Code 20781, about 26.8% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 17.3% of homes in the region were built in 1960 to 1969. In contrast, 3.5% of homes in 20781 were built in 1990 to 1999.
5

What is the housing breakdown in ZIP Code 20781? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20781 than renter-occupied housing. Owner-occupied units make up 55.6% of housing, compared to 44.4% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20781?

The vacacy rate for rental units in ZIP Code 20781 is 7.3%. This rate is 22% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 20781 vacancy rate is 22% higher than the entire U.S. vacancy rate of 6.0%.