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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Suitland, MD Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Suitland, MD Housing Market Trends

With 25,839 people, 10,809 houses or apartments, and a median cost of homes of $376,747, Suitland real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Suitland, accounting for 57.17% of the town's housing units. Other types of housing that are prevalent in Suitland include single-family detached homes ( 21.59%), row houses and other attached homes ( 18.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.38%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

People in Suitland primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Suitland has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Suitland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Suitland built between 1940-1969 ( 43.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.86%). There's also some housing in Suitland built before 1939 ( 1.48%).

Suitland Home Appreciation Rates

In the last 10 years, Suitland has experienced some of the highest home appreciation rates of any community in the nation. Suitland real estate appreciated 114.72% over the last ten years, which is an average annual home appreciation rate of 7.94%, putting Suitland in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Suitland definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Suitland appreciation rates have trailed the rest of the nation. In the last twelve months, Suitland's appreciation rate has been 4.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Suitland were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Maryland, our data show that Suitland's latest annual appreciation rate is lower than 60% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Suitland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Suitland - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Suitland real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$376,747

Suitland, MD Home Prices
> $1,271,000
$953,001 - $1,271,000
$635,001 - $953,000
$508,001 - $635,000
$381,001 - $508,000
$254,001 - $381,000
$127,001 - $254,000
$63,001 - $127,000
$0 - $63,000
1.0%
1.0%
0.0%
0.0%
0.7%
0.7%
7.6%
7.6%
34.0%
34.0%
46.3%
46.3%
7.2%
7.2%
0.9%
0.9%
2.3%
2.3%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

10,809

Suitland Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,161 / per month

Homeownership Rate

Owners
Renters
35.8%
35.8%
64.2%
64.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.0%
6.0%
94.0%
94.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.9%
6.9%
48.5%
48.5%
43.1%
43.1%
1.5%
1.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
21.6%
21.6%
18.7%
18.7%
2.4%
2.4%
57.2%
57.2%
0.1%
0.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
16.9%
16.9%
36.6%
36.6%
32.9%
32.9%
9.0%
9.0%
2.0%
2.0%
0% 100.0%
% of Homes