The housing median value in Suitland, MD is $281,400, which is significantly lower than the US House Median Value of $338,100. However, despite the difference in cost, the rate of house appreciation in Suitland was still respectable at 6.91% over the past year compared to the US 1 year appreciation rate of 8.27%. It's clear that housing in Suitland is an attractive option for those looking to invest and move into a new home.
The median home cost in Suitland is $281,400. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Suitland is up 10.7%.
Average Age of Homes
- The median age of Suitland real estate is 43 years old
The Rental Market in Suitland
- Renters make up 54.1% of the Suitland population
- 3.3% of houses and apartments in Suitland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.