This is a rare opportunity to build a home in this prime location with the specific features YOU value. The lot is in University Park, a community with the ideal blend of small town charm and urban sophistication. The homes in this community have a consistent history of holding property value and often substantial annual increases. It's a great place to live, and it's a smart investment choice. This location is just minutes from DC, a few blocks to PG Metro, and a quick drive to Marc train in Riverdale. The University of Maryland is just minutes up Route One, with all a major university has to offer.
The median home value in University Park, MD is $675,000. This is higher than the county median home value of $384,600. The national median home value is $338,100. The average price of homes sold in University Park, MD is $675,000. Approximately 92.2% of University Park homes are owned, compared to 4% rented, while 3.81% are vacant. University Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a University Park real estate agent to arrange a tour today!
University Park, Maryland has a population of 2,701. University Park is more family-centric than the surrounding county with 32.9% of the households containing married families with children. The county average for households married with children is 26.76%.
The median household income in University Park, Maryland is $159,464. The median household income for the surrounding county is $91,124 compared to the national median of $69,021. The median age of people living in University Park is 45.5 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 43.1 inches per year, with 13.6 inches of snow per year.