The typical owner-occupied home in Suitland is worth about $334,800, 20% below the Maryland median of $419,900 and about the same as the national median of $332,700. Owners pay a median $3,809 a year in property taxes, about 1.14% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $71,585 a year, so the median home costs 4.7 times the median income (4.1 times for Maryland). 37% of occupied homes here are lived in by their owners, and 78% of those owners still have a mortgage.
Suitland at a glance
| Suitland | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $334,800 | $419,900 | $332,700 |
| Median property tax paid per year | $3,809 | $4,093 | $3,119 |
| Property tax as a share of value | 1.14% | 0.97% | 0.94% |
| Median household income | $71,585 | $103,678 | $80,734 |
| Homes lived in by their owners | 37% | 68% | 65% |
| Owner homes with a mortgage | 78% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,085 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 20.5% | 21.0% |
| Median rent | $1,707 | $1,705 | $1,413 |
| Rent as a share of renters' income | 33.4% | 30.8% | 30.6% |
| Median year homes were built | 1973 | 1979 | 1980 |
| Vacant homes | 7.3% | 7.7% | 10.1% |
| Population | 23,793 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Suitland
At this week's average 30-year rate of 7.11%, buying the median Suitland home of $334,800 with 20% down costs about $2,259 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,817, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $96,829 for the 20%-down payment. That payment is 38% of the median Suitland household income of $71,585; at that income and 20% down, the 28% guideline points to a home of about $248,000.
The median rent here is $1,707 a month, so owning the median home costs about $552 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $66,960 |
|---|---|
| Loan amount | $267,840 |
| Principal and interest | $1,802 |
| Property taxes (1.14% a year) | $318 |
| Homeowners insurance (our estimate, 0.5% a year) | $140 |
| PMI | $0 |
| Total per month | $2,259 |
Change the numbers in the calculator
| Down payment | $11,718 |
|---|---|
| Loan amount | $328,736 |
| Principal and interest | $2,211 |
| Property taxes (1.14% a year) | $318 |
| Homeowners insurance (our estimate, 0.5% a year) | $140 |
| FHA mortgage insurance | $148 |
| Total per month | $2,817 |
Change the numbers in the calculator
Questions about home buying in Suitland
What is the median home value in Suitland?
About $334,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Suitland?
Homeowners pay a median $3,809 a year, which is about 1.14% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Suitland?
For the median home with 20% down at 7.11%, the payment is about $2,259 a month. Keeping that under 28% of gross income takes about $96,829 a year.
More about Suitland
- Mortgage Refinance in Suitland
- Debt Relief in Suitland
- Home Equity Loans in Suitland
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data