ZIP Code 20720 — Bowie, MD Home Prices (2026)

The typical home in ZIP 20720 (Bowie, Maryland) is worth about $585,000 at roughly $248 per square foot — 8% more expensive than the Bowie median and 99% more expensive than the typical U.S. home.

$585,000

Typical home value

$248

Price per sq ft

#2 of 4

Bowie ZIPs by value

+8%

vs Bowie median

How 20720 compares

ZIP 20720 is one of the pricier ZIP codes in Bowie: its typical home value of $585,000 ranks #2 of the 4 Bowie ZIP codes we track (the citywide range runs from $467,000 in 20716 to $596,000 in 20721). Per square foot it costs about $248, against $250 for Bowie as a whole, $233 for Maryland, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 20720	$585,000	$248
Bowie, MD	$540,000	$250
Maryland	$451,500	$233
United States	$294,000	$195

Home value by size in 20720

Using this ZIP’s rate of about $248 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$248,000
1,500 sq ft	$372,000
2,000 sq ft	$496,000
2,500 sq ft	$620,000
3,000 sq ft	$744,000

Salary needed to buy a home in ZIP 20720

To buy the typical $585,000 home in ZIP 20720 with 20% down, you need a household income of roughly $159,000 a year (about $3,710 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $189,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$29,300	$4,620/mo	$198,000/yr
10% (+PMI)	$58,500	$4,410/mo	$189,000/yr
20%	$117,000	$3,710/mo	$159,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 20720

At about $248 per square foot, here is roughly how much home different budgets get you in ZIP 20720:

Budget	Approx. size	What that looks like locally
$300k	1210 sq ft	below the local median — condos, smaller or older homes
$400k	1610 sq ft	below the local median — condos, smaller or older homes
$500k	2020 sq ft	around the typical home here
$600k	2420 sq ft	around the typical home here
$750k	3020 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 20720 home.

Estimate a specific home in 20720

The estimator below is pre-set to ZIP 20720 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Bowie ZIP codes by home value

Where 20720 sits among Bowie’s 4 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	20721	$596,000	$227
2	20720 (this page)	$585,000	$248
3	20715	$495,000	$251
4	20716	$467,000	$254

ZIP 20720 home prices: frequently asked

What is the average home price in ZIP code 20720? +

The typical home in ZIP 20720 (Bowie, MD) is worth about $585,000 as of 2026. That is 8% more expensive than the Bowie median of $540,000 and 99% more expensive than the U.S. median of $294,000.

What is the price per square foot in 20720? +

About $248 per square foot in 20720, versus $250 across Bowie and $233 across Maryland. At that rate a 1,500 sq ft home runs roughly $372,000 and a 2,500 sq ft home about $620,000.

What salary do you need to buy a house in ZIP 20720? +

For the typical $585,000 home in ZIP 20720, a household income of about $159,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $189,000; with 5% down about $198,000.

Is 20720 an expensive ZIP code? +

Within Bowie, 20720 ranks #2 of 4 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Bowie. Nationally it is relatively expensive.

See the full Bowie home values page, all Maryland cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.