Downsizing Your Home · Prince George's County, MD

The Prince George's County Downsizing Report

Real numbers on what homes are worth by town, what 55+ communities actually cost, and what it costs to stay versus what it costs to move. No guesses. No filler.

Updated August 2026 Coverage Prince George's County, MD Sources Redfin, Zillow, Bright MLS, PGCAR, county property records

A note on what this report is and isn't. Every number below is sourced and dated. Where sources disagreed, we show the range instead of picking the number that looks cleanest. Where reliable data wasn't available this quarter, we flagged it rather than inventing a number. No public dataset publishes a "median age of downsizers" broken out by individual Prince George's County town. We show exactly where that data does and doesn't exist.

01 / Home Values

What homes are actually worth, town by town

Median sale prices vary by source depending on methodology and time window. We're showing Redfin's most recent citywide median sale price where available, cross-checked against Zillow's Home Value Index.

Town	Median Sale Price	Trend	As Of
Bowie	$489,707	−7.0% YoY	May 2026
Upper Marlboro	$390,000	+6.0% YoY	Mar 2026
Laurel	$392,786	+6.2% YoY	Jun 2026
Hyattsville	$435,385	—	May 2026
Greenbelt	$310,314	+5.2% YoY	May 2026

Sources: Redfin city and neighborhood market pages, Zillow Home Value Index, PGCAR market stats. Full citations in Sources section.

Data gap flagged for next quarter: Reliable, dated median-price figures for College Park, Largo, Clinton, and Fort Washington were not found in this refresh. Rather than carry forward an estimate, they are omitted.

The county context that matters for downsizers

Prince George's County's overall median sale price sits at roughly $450,000–$465,000 as of Q2 2026, close to the statewide Maryland median of approximately $463,000. That means downsizers here have a different equation than Montgomery County: the gap between a current home value and a smaller option is real, but the equity cushion is thinner. That makes the cost comparison even more important to get right.

02 / Who Is Downsizing

The honest answer on downsizer age

Nobody publishes a median age of downsizers for Bowie versus Hyattsville versus Laurel. That data doesn't exist at the town level, from any source, public or paid. Here's what real data does exist.

The typical U.S. home seller was 64 years old in 2025, the highest median seller age ever recorded by the National Association of Realtors.
Among all sellers nationally, 32% traded down and bought a smaller home than the one they sold.
The typical repeat home buyer nationally is now 62 years old, also a record high.
Among buyers over age 60 specifically, 17% purchased in senior-related housing. The median age within that specific group is 69.

What this means for you. If a downsizer marketing plan needs an age number per town, the honest move is to build it from the client list and closed transactions, not from a public statistic that doesn't exist. The national NAR data above is real and citable. Anything more granular than that, sourced as "fact," would be invented.

03 / 55+ Community Pricing

What the two biggest 55+ options actually cost

Prince George's County has one major resale 55+ community and one CCRC. Pricing structures are different enough that comparing them head-to-head matters.

Cameron Grove, Upper Marlboro (resale, gated, 55+)

A large, established 55+ community with a range of housing types.

2-bedroom condos: $112,000–$333,900 (recent listings cluster $249,000–$333,900)
3-bedroom / single-family units: up to approximately $299,900+
HOA fee: reported figures range $95–$426/month depending on unit type and building — confirm per-unit before publishing a single number
Amenities: clubhouse, indoor/outdoor pool, fitness center, pickleball, tennis, gated security

Collington, Mitchellville (Kendal-affiliated CCRC)

A continuing care retirement community: independent living, assisted living, memory care, and skilled nursing on one campus.

Entrance fee plans: traditional, 50% refundable, and 90% refundable options (Life Care and Fee-for-Service contracts)
Assisted living monthly rate: $5,249–$7,800
Fee schedule adjusts annually, next change effective January 1, 2026

Data gap flagged: Specific dollar entrance-fee amounts for Collington's independent-living units are not published publicly. Collington requires direct contact (1-888-257-9468) for current figures. Do not substitute numbers from other communities.

04 / Cost Comparison

Staying versus downsizing, with the math shown

Illustrative example only: a homeowner in a $450,000 single-family home weighing a move to a $250,000 condo at Cameron Grove. Every input below is sourced. Swap in the client's real numbers before using this for a client conversation.

Staying · $450K home

$11.5K – $17K / yr

Property tax (1.15% avg)$5,175

Homeowners insurance$1,900 – $2,800

Maintenance (1–2% of value)$4,500 – $9,000

Annual carrying cost$11,575 – $16,975

Downsizing · $250K condo

~$4K – $8.3K / yr

Property tax (1.15% avg)$2,875

HOA fee (varies widely)$1,140 – $5,112

Annual cost$4,015 – $7,987

The annual savings: roughly $3,300–$13,000, before even counting what selling the larger home puts in the bank. The spread is wide because Cameron Grove's HOA fee varies significantly by unit and building. Narrow it by confirming the fee for a specific listed unit before this figure goes into a client conversation as a single number.

Skip the illustrative numbers, run your actual home value and target community →

05 / Sources & Methodology

Where every number came from

Bright MLS, via Redfin and Compass listing pages for Prince George's County.
Prince George's County Association of Realtors (PGCAR.com) market statistics.
National Association of Realtors, 2025 Profile of Home Buyers and Sellers, and NAR's "Settling In, Not Slowing Down: Buyers 60+ by the Numbers," 2026.
Redfin city and neighborhood housing market pages for Prince George's County towns, August 2026 data.
Prince George's County FY26 Tax Facts and Constant Yield disclosure (princegeorgescountymd.gov).
Cameron Grove listing data (55places, Compass, Redfin).
Collington / Kendal official pricing information page.
Insurance.com, MoneyGeek, and Insuranceopedia for Maryland average homeowners insurance premiums, 2026.
Zillow Home Value Index pages for Prince George's County towns, August 2026.
Ownwell and TaxByCounty property tax calculators for Prince George's County effective tax rate.

Methodological notes: this report does not invent statistics presented as fact, and does not provide a "median age of downsizers" by individual town where that data doesn't exist publicly. Where a figure could not be verified this quarter, it is flagged rather than carried forward silently.

Also Available

Also available: Montgomery County Downsizing Report and Howard County Downsizing Report.