Suitland, MD Foreclosures
How much do homes sell for in Suitland, MD?
The average home price is currently $424,980.
In Suitland, MD, how many homes are available?
There are currently 229 active home listings available in Suitland.
What’s the average rental cost in Suitland, MD?
The average rental price in Suitland is $1,818.
What is the most expensive home in Suitland?
The most expensive home sold in Suitland had a price of $78,495,224.
What is currently the cheapest priced home in Suitland, MD?
The cheapest home for sale in Suitland is priced at $12,198.
Living in Suitland, MD
Suitland, Maryland, is a suburban community known for its convenient access to Washington, D.C., diverse population, and strong sense of community. It offers various amenities such as parks, shopping, and educational institutions, making it an ideal place for families and professionals. Outdoor activities abound, and residents benefit from excellent transportation options.
Current Market Conditions in Suitland, MD
The real estate market in Suitland, MD, is witnessing an upswing, with a notable increase in housing demand driven by its proximity to Washington, D.C. The average home prices have shown a steady growth over the past year, indicating a healthy market for both buyers and investors. Developers are taking notice, leading to new housing projects and renovations of older properties to meet the growing demand.
In recent months, housing inventory in Suitland has become competitive, with homes selling faster than the previous year. This trend reflects a broader national trend of an active and recovering real estate market post-pandemic, with buyers eager to invest in suburban living options that provide both space and access to urban amenities.
Home Value Estimator For Suitland, MD
There are currently 6,889 real estate properties
in Suitland, MD,
with a median automated valuation model (AVM) price
of $345,055.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Suitland, MD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Suitland, MD,
is $424,980.00, with the most expensive house
in Suitland, MD, topping out
at $78,495,224.00 and the cheapest home
in Suitland, MD,
clocking in at $12,198.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Suitland, MD!
Rent Prices
In Suitland, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Suitland, MD, is on
a rollercoaster ride. The
average rent price in Suitland, MD,
is $1,818.00. Indeed, when looking to rent in
Suitland, MD, you can expect to pay as little
as $1,030.00 or as much
as $3,460.00,
with the average rent median estimated to
be $1,770.00. The good news is that finding
an affordable and desirable property to rent in Suitland, MD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
