Home prices
The cost of the median home in University Park is $486,500. In comparison to its nearby areas this is approximately $174,180 (55%) higher.Compared to the US as a whole it is roughly $269,000 (123%) higher, and compared to the city of Washington it is roughly $115,000 (19%) lower.
Rents
The median rent in University Park is $2,420 a month. Compared to its surrounding areas it is approximately $1,008 (71%) higher.Compared to the United States as a whole it is approximately $1,358 (127%) higher, and is approximately $879 (57%) higher in comparison to the city of Washington.
Nearby places
Hyattsville
Hyattsville is University Park's neighbor to the southwest. The housing prices there are significantly less expensive. Hyattsville's median home value is $336,300, which is $150,200 (44%) lower than University Park. The rent there is a lot less expensive. The median rent in Hyattsville is $1,433 a month, which is $987 (68%) lower than University Park.
Riverdale Park
Riverdale Park is University Park's neighbor to the southeast. Real estate prices there are significantly less expensive. The median home cost in Riverdale Park is $328,600, which is $157,900 (48%) lower than University Park. Rent there is a lot less expensive. Riverdale Park's median monthly rent is $1,224, which comes out to $1,196 (97%) lower than University Park.
College Park
College Park is University Park's neighbor to the north. The housing prices there are a lot less expensive. The median home in College Park costs $330,300, which works out to $156,200 (47%) lower than University Park. The rent there is substantially less expensive. The median rent in College Park is $1,528 a month, which comes out to $892 (58%) lower than University Park.
Edmonston
Edmonston is roughly 1 mile south from University Park. The real estate prices there are significantly less expensive. The median home in Edmonston costs $273,500, which is $213,000 (77%) lower than University Park. Its rents are substantially less expensive. The median monthly rent in Edmonston is $1,425, which is $995 (69%) lower than University Park.
Chillum
Chillum is about 1 mile west from University Park. Housing prices there are substantially less expensive. The median home in Chillum costs $292,900, which comes out to $193,600 (66%) lower than University Park. Rents there are significantly less expensive. Chillum's median monthly rent is $1,450, which is $970 (66%) lower than University Park.
