Bankruptcy Homes in Temple Hills, MD

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Home Value Estimator For Temple Hills, MD

There are currently 11,390 real estate properties in Temple Hills, MD, with a median automated valuation model (AVM) price of $355,477.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Temple Hills, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Temple Hills, MD, is $343,209.00, with the most expensive house in Temple Hills, MD, topping out at $5,256,854.00 and the cheapest home in Temple Hills, MD, clocking in at $15,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Temple Hills, MD!

Rent Prices In Temple Hills, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Temple Hills, MD, is on a rollercoaster ride. The average rent price in Temple Hills, MD, is $1,843.00. Indeed, when looking to rent in Temple Hills, MD, you can expect to pay as little as $900.00 or as much as $3,550.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Temple Hills, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Temple Hills, MD In 2024

Temple Hills is located in Prince George's, Maryland, with an estimated municipal population of 7,926 residents. All of the best foreclosed homes for sale in Temple Hills are located in the following zip code areas on 20744 20748 20757 20791. The estimated population per square kilometer (.62 miles) in Temple Hills is 2,173.

Cost Of Living In Temple Hills, MD

So, about how much do homes cost in Temple Hills? The most recent median value of resident-owned homes in Temple Hills is 261,840. An estimated 30.1 percent of households in Temple Hills own their homes, with an average family size of 3.61. The median household income in Temple Hills is 65,821, with28.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Temple Hills, the median commute time of resident workers (in minutes) is 39.2. And last, but certainly not least, are you looking for homes to rent in Temple Hills? If so, the average rent price paid by renters in Temple Hills is 1,420, according to recent statistics.

Diversity And Demographics In Temple Hills, Maryland

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Temple Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Temple Hills is 35.9, split between 44.1 percent male versus 55.9 female. The percentage of residents who report being married in Temple Hills is 22, with an average family size of 3.61.

The percentage of residents who report their race in Temple Hills is as follows:

White 3.1%
Black / African American 84%
Asian 0.6%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 8.4%

Looking for family-friendly neighborhoods in and/or near Temple Hills? Or maybe you are searching for 55+ active adult communities in and/or near Temple Hills?

The percentage of residents who report their age in Temple Hills is as follows:

Under 10 14%
Aged 10-19 11.3%
20s 14.2%
30s 16%
40s 16.8%
50s 11.7%
60s 9.2%
70s 4.3%
80+ 2.5%

Best Schools In Temple Hills, Maryland

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Temple Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Temple Hills.

Pros And Cons Of Living In Temple Hills, Maryland

How do you know that living in -- or moving to -- Temple Hills is right where you need to be? Perhaps you grew up in Temple Hills or already live nearby; therefore, the decision to buy a home in Temple Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Temple Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Temple Hills:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Temple Hills.

Reasons To Move To Temple Hills, Maryland, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Temple Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Temple Hills, meanwhile, can field multiple offers from more qualified buyers.

Temple Hills, MD Bankruptcy Homes


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