Much like the surrounding areas, it is a little more expensive compared to the rest of the nation. However compared to the city of Washington, it's a lot less expensive.
Home prices
The median home price in New Carrollton is $271,100. In comparison to the surrounding areas this is approximately $4,060 (1%) higher.It is approximately $53,600 (24%) higher compared to the entire nation, and compared to the city of Washington is approximately $330,400 (54%) lower.
Rents
The median monthly rent in New Carrollton is $1,417. It is roughly $151 (9%) lower compared to its nearby areas.Compared to the nation as a whole it is about $355 (33%) higher, and in comparison to the city of Washington it is approximately $124 (8%) lower.
Nearby places
Woodlawn
Woodlawn is New Carrollton's neighbor to the southwest. Its real estate prices are a little less expensive. The median home in Woodlawn costs $243,500, which is $27,600 (11%) lower than New Carrollton. Its rents are pretty similar. In Woodlawn the median monthly rent is $1,437, which works out to $20 (1%) higher than New Carrollton.
East Riverdale
East Riverdale is New Carrollton's neighbor to the west. The real estate prices there are somewhat less expensive. The median home in East Riverdale costs $249,700, which comes out to $21,400 (8%) lower than New Carrollton. Its rents are somewhat less expensive. The median rent in East Riverdale is $1,346 a month, which works out to $71 (5%) lower than New Carrollton.
Seabrook
Seabrook is New Carrollton's neighbor to the northeast. The housing prices there are a bit more expensive. Seabrook's median home price is $293,600, which comes out to $22,500 (7%) higher than New Carrollton. Rent there is somewhat more expensive. Seabrook's median monthly rent is $1,685, which is $268 (15%) higher than New Carrollton.
Landover Hills
Landover Hills is New Carrollton's neighbor to the southwest. Housing prices there are a bit less expensive. Landover Hills's median home cost is $241,600, which is $29,500 (12%) lower than New Carrollton. Rents there are somewhat more expensive. The median rent in Landover Hills is $1,833 per month, which comes out to $416 (22%) higher than New Carrollton.
Lanham
Lanham is about 1 mile east of New Carrollton. Real estate prices there are a bit more expensive. The median home in Lanham is valued at $306,800, which is $35,700 (11%) higher than New Carrollton. Rents there are a little more expensive. The median rent in Lanham is $1,538 per month, which comes out to $121 (7%) higher than New Carrollton.
