College Park, MD

When looking to buy or sell a home in College Park, MD, it is important to understand the real estate market in this area. The College Park metropolitan area has a population of over 167,000 people and is located just outside of Washington D.C. This makes it an attractive location for people who are looking for a suburban lifestyle with access to major cities.

The median price of homes sold in College Park during the first quarter of 2018 was $849,000. This is higher than the median price of homes sold in the Baltimore-Washington Metropolitan Area (BWMAs) as a whole, which was $711,500 during that same period. However, when compared to other areas within the BWMAs, College Park is relatively affordable. The median price of homes sold in Montgomery County during the first quarter of 2018 was $1 million and the median price of homes sold in Prince George's County was $900,000.

There are several factors that contribute to the high prices seen in College Park homes: proximity to Washington D.C., strong demand from investors and families who want suburban lifestyles without having to live near downtown DC or Baltimore, and excellent schools. In addition, many homeowners have been able to increase their home values by adding features such as decks or pools that make their properties more appealing to buyers.

Despite these high prices, there are still opportunities for buyers who are interested in purchasing a home in College Park. Many families are moving into this area due to its excellent schools and proximity to major cities like D.C., Baltimore and Annapolis; therefore there is always demand for new housing stock even at elevated prices."