Suitland-Silver Hill, MD—20746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Suitland-Silver Hill, MD
As of Oct '25, the median home price in Suitland-Silver Hill, MD is $338,000, with a year-over-year change of 0.6%. This indicates that home prices in Suitland-Silver Hill, MD are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | 0.6% |
| Single Family | $364,000 | 0.6% |
| Condos | $255,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | 0.5% |
3 Bed | $349,000 | 0.9% |
4 Bed | $402,000 | 0.8% |
| 5 Bed | $432,000 | 0.7% |
% of Housing Stock
Rental Trends — Suitland-Silver Hill, MD
As of July '25, Rentcast reports the average rent in Suitland-Silver Hill, MD is $2,030, with a year-over-year rent change of 21.6%. Per bedroom, the median rent as of July '25 in Suitland-Silver Hill, MD is studios: $1,300, 1-bedrooms: $1,420, 2-bedrooms: $1,780, 3-bedrooms: $2,520, 4-bedrooms: $3,000. The most common rental property sizes in Suitland-Silver Hill, MD are 2-bedroom and 1-bedroom, accounting for 42.4% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,030 |
| Studio Rent | $1,060 | $1,300 |
| 1 Bed Rent | $1,400 | $1,420 |
| 2 Bed Rent | $1,690 | $1,780 |
| 3 Bed Rent | $2,320 | $2,520 |
| 4 Bed Rent | $2,800 | $3,000 |
% of Rental Stock
Property Listings — Suitland-Silver Hill, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Suitland-Silver Hill, MD is 52. This is a increase of 80.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | 5.0% |
Listing Count | 66 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 52 | 80.0% |
Demographics — Suitland-Silver Hill, MD
As of the latest ACS Survey released in 2023, Suitland-Silver Hill, MD has a population of 27,500, which has remained stable by 0.9% over the past 5 years. Suitland-Silver Hill, MD is a moderately popular place for families, as children make up 16.3% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,500 | 0.9% |
% Under 18 | 16.3% | -23.1% |
% Seniors | 14.1% | 14.6% |
% WFH | 12.8% | 312.9% |
% w/ College Degree | 25.2% | 15.6% |
As of the latest ACS Survey released in 2023, Suitland-Silver Hill, MD is a predominantly black area, with 85.7% of the population identifying as black. The black population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Suitland-Silver Hill, MD is white, making up 5.5% of the population. Foreign-born residents account for 7.7% of the population in Suitland-Silver Hill, MD, and this percentage has decreased by 3.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.5% | -15.4% |
% Black | 85.7% | 3.3% |
% Hispanic | 4.7% | -31.9% |
% Asian | 1.0% | -54.5% |
% Foreign Born | 7.7% | -3.7% |
Mortgage and Risk — Suitland-Silver Hill, MD
According to HUD data as of 2023, there were 330 mortgage originations in Suitland-Silver Hill, MD, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Suitland-Silver Hill, MD. Investor activity is low, as 4.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 330 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Suitland-Silver Hill, MD
As of 2024, the percent of homes in Suitland-Silver Hill, MD under the Section 8 program is 9.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Suitland-Silver Hill, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 913 |
Total Units Section 8 | 906 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,400 | $1,840 |
| 2 Bedroom | $380 | $1,690 | $2,070 |
| 3 Bedroom | $270 | $2,320 | $2,590 |
| 4 Bedroom | $250 | $2,800 | $3,050 |
Affordability — Suitland-Silver Hill, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $338,000 |
| Median Household Income | $78,400 |