Updated On: June 30, 2016
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Homes for Sale in Upper Marlboro
Upper Marlboro Real Estate Listings in Maryland
Located in the heart of the Baltimore - Washington, D.C. corridor, Prince George's County provides a perfect balance of urban living and country charm. The equestrian-oriented town of Upper Marlboro, surrounded by thousands of scenic acres and just moments from the flowing Patuxent River, is the county seat. This richly historic community is one of the oldest in the Mid-Atlantic region. It was founded in 1696 and first established as a port town for tobacco. Upper Marlboro today is the county's largest city with more than 71,000 residents.
The fields of tobacco that once dominated Upper Marlboro's countryside have given way to numerous residential and commercial developments. Upper Marlboro has an urban flavor and an increasingly suburban look. Cultural and recreational opportunities abound, from the Equestrian Center and Show Place Arena to the Tobacco Farming Museum. The local educational system is one of the best in the state. Prince George's County Public Schools serves more than 135,000 students in grades K-12.
More than 23,000 acres of parkland throughout the county provide diverse recreational activities to Upper Marlboro's residents. Open undeveloped land and an extensive array of recreational facilities are available. In addition, the Upper Marlboro area has some of the most valuable real estate in the region. Beautiful homes in a wide variety of architectural styles can be found along the town's many quiet, tree-lined streets.
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Upper Marlboro, MD Real Estate Market: Price Range of Upper Marlboro Houses
The real estate market of Upper Marlboro is varied. A variety of lovely townhouses, condominiums and single-family detached homes can be found at prices to fit nearly any budget. Quaint townhouses and condominiums with modern amenities are abundant in communities including Treetop, Perrywood, Bellhaven Estates, Westphalia Woods and Lord's Landing. Prices range from the mid-$100,000s to the mid-$200,000s.
Single-family homes in Upper Marlboro are priced from the high $100,000s in communities such as Rambling Hills, Brandywine, Little Washington, Spring Branch, Holloway Estates and Marwood. Luxury estate properties built with stone or brick and located on large treed lots are available from the mid-$400,000s, with prices ranging up to $900,000 and more. Many such properties are located on significant acreage and some allow horses. Available features include scenic views, swimming pools and stream or creek frontage. Plenty of land is available for custom building in Upper Marlboro, and a few ranch/farm properties are also available.
Upper Marlboro Real Estate Stats and Trends for the week of June 27th, 2016: homes priced around $334,504 compared to $324,759 the previous week, showing a increase of more than +3%. For Thursday, June 30th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 2.70%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.22%, while the 15 year jumbo rate currently is at 3.94%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Upper Marlboro MD. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Upper Marlboro to help you find the best home!