Zip Code 20744

Fort Washington, MD • Prince George's County

Real Estate Market Analysis

Q3 2025 Report

$445,362 (March 2025)

Median Home Value

Approx. 50,000 (2024 estimate)

Population

$110,000–$120,000 (2024 estimate)

Median Income

Average to above average (varies by school)

School District Rating

Market Statistics

Property Values

$445,362 (March 2025)

Median Home Value

Data not specified for 2025; typical range $2,200–$2,600/month (inferred from market)

Median Rent

$245 (June 2025)

Price per Sq Ft

Market Performance

Home Appreciation+2.7% year-over-year (March 2025)

Market Velocity18–40 days median days on market (March–June 2025)

Foreclosure RateNot specified; generally low in Prince George's County

Area Information

Area Sizeapprox. 13.6 sq mi

CountyPrince George's

Primary CityFort Washington

Housing Profile

Housing Statistics

Total Housing UnitsNot specified; estimated 10,000+ (based on area size and density)

Owner OccupiedMajority; area is predominantly owner-occupied single-family homes

Rental PropertiesSignificant but less than owner-occupied

Vacant UnitsNot specified; vacancy rates typically low in active market

New ConstructionLimited; most inventory is resale, with some infill and renovation activity

Housing Types

Single-family detachedTownhomesCondos

Demographics

Approx. 50,000 (2024 estimate)

Population

~43 years (inferred from county data)

Median Age

$110,000–$120,000 (2024 estimate)

Median Income

~95% (county level, 2024)

Employment Rate

High school grad or higher: ~90%; Bachelor’s or higher: ~35%

Education Levels

Predominantly families, mix of multi-generational and single households

Family Composition

Education Quality

School District Performance

Average to above average (varies by school)

District Rating

School DistrictPrince George's County Public Schools

Test ScoresSlightly below Maryland state average, but improving

Graduation Rates~85% (district average)

Schools in Area

Fort Washington Forest Elementary
Friendly High School
Oxon Hill Middle School

Economic Factors

Employment & Business

Job GrowthSteady, driven by proximity to DC and regional employers

Unemployment Rate~5% (2024, county level)

Business EnvironmentSuburban, with growing small business and service sector

Commercial ActivityRetail corridors, logistics, and professional services

Major Employers

Federal government
Andrews Air Force Base
Healthcare systems
Retail and logistics

Infrastructure & Quality of Life

Infrastructure

Transportation Access

• I-495/Capital Beltway
• Indian Head Highway (MD-210)
• Metrobus service
• Proximity to National Harbor and DC

Utilities & Services

• Public water/sewer
• Electricity (Pepco)
• Natural gas
• Waste management

Quality of Life

Safety & Environment

Moderate; lower than some neighboring zip codes but higher than state average

Good; suburban, green spaces, some traffic-related air quality concerns

Healthcare Access

• Fort Washington Medical Center
• Nearby clinics and urgent care

Development Trends

Planned Developments

Mixed-use projects near National Harbor
Small-scale residential infill

Infrastructure Projects

• Road widening on MD-210
• Utility upgrades

Investment Outlook

Growth Outlook

Stable, with moderate appreciation and steady demand

Investment Opportunities

• Value-add single-family homes
• Short-term rentals near National Harbor
• Small multifamily conversions

Marketing Intelligence

Target Demographics

Move-up buyers
Military families
Commuters to DC
Multigenerational households

Competitive Advantages

Larger lots than DC/Arlington
Lower price per sq ft than Alexandria
Access to waterfront and parks

Pricing Strategies

Position slightly below comparable DC/VA suburbs to attract value-focused buyers

Common Objections & Response Strategies

Objection: Higher property taxes compared to VA

Response Strategy:

Emphasize lower home prices and larger lot sizes offsetting tax differences

Objection: Commute times to DC

Response Strategy:

Highlight multiple transit options and flexible work trends

Objection: School ratings

Response Strategy:

Showcase improving test scores and strong community involvement

Professional Recommendations

Leverage increased inventory to negotiate favorable terms for buyers

Target marketing to DC/VA commuters and military families

Highlight value proposition vs. neighboring zip codes

Educate buyers on property tax and school trends

Promote proximity to National Harbor and recreational amenities

Competitive Analysis

Comparable Markets

Oxon Hill (20745)
Alexandria, VA (22306, 22307)
Clinton, MD (20735)

Market Positioning

Affordable, spacious suburban alternative to DC/VA

Competitive Advantages

Lower price per sq ft than Alexandria/Arlington
Larger homes/lots than DC
Proximity to National Harbor

Price Comparison

Median home price $445k–$500k vs. Alexandria $650k+, DC $700k+

Investment Metrics

5–6% (single-family rentals, 2025 estimate)

Cap Rates

~6% gross yield (typical for area)

Rental Yields

~16–18 (favorable for investors)

Price-to-Rent

Positive for well-priced single-family and small multifamily

Cash Flow

2–3% annual (2025–2026 projection)

Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and space; may need education on local taxes and schools

Move-Up Buyers

Seek larger homes, yards, and family amenities; value for money vs. DC/VA

Downsizers

Limited inventory of smaller homes/condos; opportunity for targeted marketing

Investors

Strong rental demand, especially near National Harbor; value-add opportunities

Relocators

Military and federal employees value proximity to bases and DC

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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