#MDPG2140244, CHRISTOPHER PERRY, Listing Office: Coldwell Banker Realty
Suitland Housing Market Report January 2025•Prince George's County, Maryland
Housing Prices in Suitland, MD
How much do homes in Suitland, MD cost?
Housing Market Conditions
Is Suitland, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Suitland is a Seller's Market
Difference Since January 2024
Since last year, Suitland has remained a Seller's Market.
Suitland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Suitland have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Suitland was $332,500 in January 2025, up 2.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $105K | $98.5K | -6.2% |
22 Bedrooms | $139.9K | $230K | +64.4% |
33 Bedrooms | $330K | $339.9K | +3.0% |
44 Bedrooms | $385K | $370K | -3.9% |
55+ Bedrooms | $430.5K | $399.9K | -7.1% |
Summary: Suitland housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.2%. The home price for 2 bedroom homes increased by +64.4%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes decreased by -3.9%. The home price for 5 bedroom homes decreased by -7.1%.
Housing supply in Suitland, MD
How many homes are available in Suitland, MD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthJan 2025 | ||
492 months agoDec 2024 | +6.1 % Change MoMDec – Jan |
Summary: The Suitland real estate market had 52 homes for sale in Jan 2025, a 6.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
92 months agoDec 2024 | +11.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 5 | 0.0% |
22 Bedrooms | 3 | 4 | +33.3% |
33 Bedrooms | 26 | 27 | +3.8% |
44 Bedrooms | 14 | 13 | -7.1% |
55+ Bedrooms | 1 | 3 | +200.0% |
Summary: Suitland housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +3.8%. The inventory for 4 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes increased by +200.0%.
Asking Price vs. Sold Price
How much do homes in Suitland, MD cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price2 Homes
If you're buying a home in Suitland, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Suitland in January 2025, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 40% were sold at asking, and and 40% were sold over asking.
Days on Market for Suitland, MD
How long does it take to sell a home in Suitland, MD?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Many homes in Suitland are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in Suitland; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
48 DaysThis YearJan 2025 | ||
22 Days1 year agoJan 2024 | +115.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Suitland had an average listing age of 48 days in Jan 2025, up by 115.5% compared to the previous year.
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Newest Listings in Suitland, MD
What homes are available in Suitland, MD?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 10:21:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.