20747 — Prince George's County, Maryland Market Snapshot

Housing market data for zip code 20747 in Prince George's County, Maryland. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

47 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$405,000

197.1% YoYClosed sales

Days to Sell

56

Median, listing to close

Homes Sold

47

Closed in 2026

Inventory

32

Sale-to-List

100.5%

New Listings

52

Price/SqFt

$233

Pending Sales

52

Conforming Loan Available

Most homebuyers in 20747 can comfortably use conventional financing. The median home price of $405,000 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

20747's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 20747 (100.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 20747 can comfortably use conventional financing. The median home price of $405,000 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 20747 are set at the county level.

2026 Loan Limits — Prince George's County

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$1,249,125
2 Units$1,599,375$1,599,375
3 Units$1,933,200$1,933,200
4 Units$2,402,625$2,402,625

Affordability Snapshot — Zip 20747

To purchase the median home at $405,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,253.

Monthly Payment

$3,253

Income Required

$139,413

Principal & Interest

$2,495/mo

Down Payment (5%)

$20,250

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 20747.

%
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Estimated Monthly Payment

$2,656

Principal & Interest$2,101
Property Tax$405
Insurance$150
Loan Amount$324,000
Total Interest$432,526
Income Required$113,848/yr

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