Beltsville MD Homes For Sale
Covering 7.2 square miles of land in Maryland's Prince George's County, Beltsville is a town with a rich history. Situated at the I-95 and Montgomery County line, the community is home to nearly 17,000 residents and dates back to 1649 when it was known as a major tobacco supplier. By the following century, iron ore had been discovered, launching a new wave of industry. Beltsville got its modern day name in 1835 when landowner Trueman Belt allowed the B&O Railroad a right-of-way through his property. An electric streetcar line arrived in 1890's, providing additional commuter service into Washington, DC. To learn more about Beltsville MD homes for sale, give us a call at (202) 709-9222.
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With its multiple transit options, Beltsville always enjoyed a reputation as a popular and charming bedroom suburb. The town didn't experience a real residential development boom until the post World War II era however. As one of Prince George's oldest communities, the town has managed to retain a certain small-town appeal, even with its substantial growth. Architecture in the area runs the gamut from old historical Victorian and Colonial homes to new custom construction. As you'd expect with a lengthy period of development, there's plenty of styles in between, including Cape, Split-level, Rambler and even Craftsman-style bungalows.
The economy is in Beltsville is a healthy one, combining the proximity to government contractors, the presence of national employers including the Ritz Camera headquarters, and the longstanding metals -associated industries. In 2010, President Obama gave a speech at Stromberg Metal Works, a major Beltsville employer since 1940. During the speech, the president spoke of the nation's economic difficulties, the road to recovery, and incentives and investments that the government would be making in local businesses like Stromberg. The speech was welcome news in a region that has long been associated with union workforces and bedrock principles.
Like much of Prince George's County, the real estate market in Beltsville took a real hit during the national real estate crisis. Values have dropped more than 25% since 2008 and are now in a gradual climb back. The median selling price currently stands at $228,100 which is slightly over the median list of $224,000. Single-family homes account for the largest slice of market pie at 70%, with condos accounting for 26%. The range of prices is fairly wide, from the very low six figures up into the high 500's for custom Colonials on large lots. There's plenty of outdoor activities and natural settings, including Fairland Regional Park, Little Paint Park, Blue Ponds Conservation Area and the Anacostia Tributary Trail System. With yoga studios, bakeries and an eclectic mix of popular restaurants, historical Beltsville has much to offer prospective home buyers.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on October 16th, 2018 at 1:54pm EDT.