Similar to other places in this area, it's a little more expensive compared to the rest of the nation. Compared to the city of Washington however, it's a lot less expensive.
Home prices
The cost of the median home in Summerfield is $257,700. In comparison to its surrounding areas it is approximately $6,380 (2%) higher.In comparison to the United States as a whole it is roughly $40,200 (18%) higher, and compared to the city of Washington is about $343,800 (57%) lower.
Rents
In Summerfield the median monthly rent is $1,752. It is approximately $316 (22%) higher compared to nearby areas.It is about $690 (64%) higher compared to the rest of the country, and compared to the city of Washington is roughly $211 (13%) higher.
Nearby places
Peppermill Village
Peppermill Village is Summerfield's neighbor to the southwest. Its housing prices are pretty similar. The median home value in Peppermill Village is $248,500, which works out to $9,200 (3%) lower than Summerfield. The rent there is somewhat less expensive. Peppermill Village's median rent is $1,651 per month, which comes out to $101 (6%) lower than Summerfield.
Landover
Landover is Summerfield's neighbor to the northwest. Its housing prices are a bit less expensive. The median home in Landover is valued at $207,400, which is $50,300 (24%) lower than Summerfield. Rent there is a little less expensive. The median monthly rent in Landover is $1,393, which is $359 (25%) lower than Summerfield.
Seat Pleasant
Seat Pleasant is Summerfield's neighbor to the west. Housing prices there are a bit less expensive. The median home in Seat Pleasant is valued at $208,700, which works out to $49,000 (23%) lower than Summerfield. Rents there are significantly less expensive. In Seat Pleasant the median rent is $973 per month, which is $779 (80%) lower than Summerfield.
Lake Arbor
Lake Arbor is Summerfield's neighbor to the east. The real estate prices there are somewhat more expensive. The cost of the median home in Lake Arbor is $315,600, which works out to $57,900 (18%) higher than Summerfield. The rent there is a bit more expensive. Lake Arbor's median monthly rent is $1,845, which works out to $93 (5%) higher than Summerfield.
Glenarden
Glenarden is Summerfield's neighbor to the north. Housing prices there are somewhat more expensive. The median home in Glenarden costs $276,400, which works out to $18,700 (6%) higher than Summerfield. Rents there are a lot less expensive. The median monthly rent in Glenarden is $1,316, which comes out to $436 (33%) lower than Summerfield.