Greenbelt, MD Homes For Sale
A city with an unusual conceptual history, Greenbelt also has a large inventory of homes for sale at competitive prices. With about 23,000 residents, the community is located in Prince George’s County, Maryland. That has a lot to do with its current affordability— prices in this region were strongly affected by the mid-2000s real estate crisis. And while home values are again on the climb, there’s still a lot of opportunities for buyers.
Founded in 1935, this is one of three garden towns that were created during Franklin D. Roosevelt’s presidency, as part of the United States Resettlement Administration. Known as a “New Deal Town”, Greenbelt was conceptualized as a place where new residents would work together for the common good, and as a result, would benefit from intriguingly designed homes at a sharply reduced cost.
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More About the Greenbelt Real Estate Market
The initial planning for Greenbelt involved a lot of boxy structures placed side-by-side in small groupings, with pleasant green landscaping winding through and around the clusters. In other words, these buildings from the 1930s and 40s era, had a lot in common with other garden apartment complexes that were popular during the World War II era. Construction has continued into the present day, but there is still a certain commonality of architecture.
While condos and townhouses for sale in Greenbelt, MD make up the majority of active real estate listings, there is still a sizable inventory of detached single-family homes for sale as well. Styles include Colonial, Ranch, Split-level as well as some custom built houses. Prices start as low as five figures for small apartment-style condo units in mid-rise buildings, and usually top out around $400,000 for impressive custom homes.
The city’s name is quite apt—not only are there belts of greenery threading throughout neighborhoods, there is also the massive Greenbelt Park, the smaller Schrom Hills Community Park and the Albert S. Buddy Attick Lake Park. With highly affordable prices, lots of restaurants and some interesting Art Deco commercial architecture, Greenbelt offers something unique—a continuing and successful example of Roosevelt’s legacy of social activism.