Greenbelt, MD

Population: 23,753
Average annual home appreciation rate: 8.46%
Total of homes for sale in this market: 31
Median home price: $235,842
Median Rent: $1,463 per room
Home price range: 35.75% of homes are between $224,001 – $336,000
Median sales price: No data
Number of homes: 47
Median foreclosure sales price: No data
Foreclosure discount: No data
Most common home type: 61.69% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 6.79%
Number of renters: 54.64%
Number of owner occupied: 45.36%
Number people living below poverty level: 10.69%
Unemployment rate: 5.10%
Is this area perfect for real estate deals going on right now? Greenbelt has had very high appreciation for the past decade. It appears the the market might be slowing down periodically… this could be a great opportunity for the savvy investor to take advantage of the lower home prices until market compression brings them back to where they are meant to be.

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