Bowmans Addition, MD
Full City Profile · Maryland · Allegany County County
3.5
/5.0
B+
Good
1,149
Population
1,026/sq mi density
$80,489
Median Income
$25,800 per capita
$177,500
Home Value
$130,955 Zillow
$1,290
Median Rent
21.9% income on rent
54°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$80,489 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$177,500 home value, $1,290/mo rent
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher
Housing Overview
Median Home Value
$177,500
37% below
US avg: $281,900
Median Rent
$1,290/mo
11% above
US avg: $1,163/mo
Homeownership Rate
81.1%
24% above US avg (65.4%)
Total Housing Units
325
Median year built: 1979
Home Value by Source
Census Median
$177,500
Zillow (ZHVI)
$130,955
Redfin Median Sale
$300,000
Median Sale Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.1%
Owner-Occupied
18.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,290/mo
Market Indicators (Redfin)
Median Sale Price
$300,000
Median Days on Market
412 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$258
Affordability & Housing Stock
Rent Burden
21.9%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
81.1%
Complete Housing Data
Home Values
| Census Median Value | $177,500 |
| Zillow Home Value (ZHVI) | $130,955 |
| Redfin Median Sale | $300,000 |
| Median Sale Price | $300,000 |
| Price Per Sq Ft | $258 |
Rent
| Census Median Rent | $1,290 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 412 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $258 |
Ownership & Stock
| Owner-Occupied | 81.1% |
| Renter-Occupied | 18.9% |
| Homeownership Rate | 81.1% |
| Total Housing Units | 325 |
| Median Year Built | 1979 |
| Rent Burden | 21.9% |