There are currently 6,110 real estate properties in Suitland, MD, with a median automated valuation model (AVM) price of $304,000.00. 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 $306,038.00, with the most expensive house in Suitland, MD, topping out at $61,637,000.00 and the cheapest home in Suitland, MD, clocking in at $51,400.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,814.00. Indeed, when looking to rent in Suitland, MD, you can expect to pay as little as $980.00 or as much as $3,030.00, with the average rent median estimated to be $1,780.00. 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Suitland, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Suitland, MD and much more. Save thousands at closing with home foreclosure listings in Suitland, MD — up to 75% off market value!
Suitland is located in Prince George's, Maryland, with an estimated municipal population of 24,522 residents. All of the best foreclosed homes for sale in Suitland are located in the following zip code areas on Foreclosure.com: 20746 20747 20752 20790. The estimated population per square kilometer (.62 miles) in Suitland is 2,229.
So, about how much do homes cost in Suitland? The most recent median value of resident-owned homes in Suitland is 227,669. An estimated 37 percent of households in Suitland own their homes, with an average family size of 3.24. The median household income in Suitland is 62,073, with23.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Suitland, the median commute time of resident workers (in minutes) is 36.4. And last, but certainly not least, are you looking for homes to rent in Suitland? If so, the average rent price paid by renters in Suitland is 1,397, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Suitland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Suitland is 33.6, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in Suitland is 27.8, with an average family size of 3.24.
The percentage of residents who report their race in Suitland is as follows:
|Black / African American||88.6%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Suitland? Or maybe you are searching for 55+ active adult communities in and/or near Suitland?
The percentage of residents who report their age in Suitland is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Suitland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Suitland.
How do you know that living in -- or moving to -- Suitland is right where you need to be? Perhaps you grew up in Suitland or already live nearby; therefore, the decision to buy a home in Suitland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Suitland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Suitland:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Suitland.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Suitland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Suitland, meanwhile, can field multiple offers from more qualified buyers.
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