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Buying a home in Hyattsville, Maryland

The typical owner-occupied home in Hyattsville is worth about $481,500, 15% above the Maryland median of $419,900 and 45% above the national median of $332,700. Owners pay a median $6,226 a year in property taxes, about 1.29% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $91,941 a year, so the median home costs 5.2 times the median income (4.1 times for Maryland). 48% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.

Hyattsville at a glance

Hyattsville Maryland U.S.
Median home value $481,500 $419,900 $332,700
Median property tax paid per year $6,226 $4,093 $3,119
Property tax as a share of value 1.29% 0.97% 0.94%
Median household income $91,941 $103,678 $80,734
Homes lived in by their owners 48% 68% 65%
Owner homes with a mortgage 77% 71% 61%
Median monthly costs, owners with a mortgage $2,700 $2,347 $1,963
Those costs as a share of the owners' income 21.0% 20.5% 21.0%
Median rent $1,835 $1,705 $1,413
Rent as a share of renters' income 32.9% 30.8% 30.6%
Median year homes were built 1966 1979 1980
Vacant homes 5.2% 7.7% 10.1%
Population 20,966 6,206,011 334,922,499

What a typical home costs per month in Hyattsville

At this week's average 30-year rate of 7.11%, buying the median Hyattsville home of $481,500 with 20% down costs about $3,310 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,112, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $141,836 for the 20%-down payment. That payment is 43% of the median Hyattsville household income of $91,941; at that income and 20% down, the 28% guideline points to a home of about $312,000.

The median rent here is $1,835 a month, so owning the median home costs about $1,474 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$96,300
Loan amount$385,200
Principal and interest$2,591
Property taxes (1.29% a year)$518
Homeowners insurance (our estimate, 0.5% a year)$201
PMI$0
Total per month$3,310

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3.5% down, 30-year FHA loan
Down payment$16,852
Loan amount$472,779
Principal and interest$3,180
Property taxes (1.29% a year)$518
Homeowners insurance (our estimate, 0.5% a year)$201
FHA mortgage insurance$213
Total per month$4,112

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Questions about home buying in Hyattsville

What is the median home value in Hyattsville?

About $481,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hyattsville?

Homeowners pay a median $6,226 a year, which is about 1.29% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Hyattsville?

For the median home with 20% down at 7.11%, the payment is about $3,310 a month. Keeping that under 28% of gross income takes about $141,836 a year.

More about Hyattsville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data