Hyattsville, Maryland Housing Market Prices
Hyattsville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 95% below the Maryland median$13,925
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Median rent 9% above the Maryland median$1,861
Housing Market Overview
| Metric | Hyattsville | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,925 | $267,101 | $248,835 |
| Price Trend (Annual %) | 10.7% | 3.4% | 7.5% |
| Median Gross Rent | $1,861 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hyattsville is about 95% lower than in Maryland. Rent is about 9% higher than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hyattsville, up about 10.7% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Hyattsville rose about 48.3% between 2015 and 2024, from $1,256 to $1,861. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Hyattsville.
Buying the median-priced home in Hyattsville costs roughly 0.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hyattsville. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Hyattsville | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,925 | $267,101 | $248,835 |
| Median Household Income | $87,817 | $103,916 | $80,455 |
| Price-to-Income Ratio | 0.2 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hyattsville fell about 94.7%, while median household income rose about 67.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hyattsville | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 40.4% | 62.4% | 58.5% |
| Rental Rate | 53.6% | 29.9% | 31.2% |
| Vacancy Rate | 6.0% | 7.7% | 10.2% |
| Median Tenure (years) | 11.0 | 15.0 | 15.0 |
| Median Year Moved In | 2015 | 2011 | 2011 |
Hyattsville has a homeownership rate of 40.4%, lower than the Maryland average of 62.4%. Its housing vacancy rate is 6.0%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Hyattsville | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1974 | 1977 | 1978 |
| Median Number of Rooms | 4.4 | 6.2 | 5.5 |
The typical housing unit in Hyattsville was built around 1974. On average, 2.6 people live in a home with about 4.4 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hyattsville, Maryland.
What is the median home price in Hyattsville, Maryland?
The median home price in Hyattsville, Maryland is $13,925, lower than the Maryland average of $267,101.
What is the average home price in Hyattsville, Maryland?
The typical home price in Hyattsville, Maryland, reported as the median sale price, is $13,925. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hyattsville, Maryland?
The median gross rent in Hyattsville, Maryland is $1,861 per month, higher than the Maryland average of $1,704.
What was the median gross rent in Hyattsville in 2020?
In 2020, the median gross rent in Hyattsville, Maryland was $1,478 per month.
What is the price-to-rent ratio in Hyattsville, Maryland?
The price-to-rent ratio in Hyattsville, Maryland is about 0.6, meaning it would take roughly 0.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hyattsville.
Are home prices or rent rising faster in Hyattsville, Maryland?
Both home prices and rent are rising in Hyattsville, up about 10.7% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hyattsville, Maryland?
40.4% of households in Hyattsville, Maryland own their home, lower than the Maryland average of 62.4%.
What is the vacancy rate in Hyattsville, Maryland?
The housing vacancy rate in Hyattsville, Maryland is 6.0%, lower than the Maryland average of 7.7%.
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