New Carrollton, MD Homes For Sale

Bargain hunters searching for highly affordable single-family homes for sale in Washington Metro may want to check out a town that was known for having “a lot of turtles” back in early colonial days. That town is known as New Carrollton, Maryland. Although the community is no longer is home to cute shelled slowpokes, it does have intriguing properties with a median list price of about $250,000.

The first landowner in the area was a man named Ninian Beall, who earned his passage to the new colonies as an indentured servant. Beall completed his service in 1677 and was given a parcel of land. At that time, the village was called Terrapin Thicket, due to “a lot of turtles cavorting in the marshy land.” Do turtles indeed cavort? Beall eventually expanded his thicket to 13,000 acres!

The early terrapin days didn’t result in any kind of major land development—but a prominent figure in Maryland horse racing named Edward Mahoney did built a large estate on land once belonging to Beall. After Mahoney’s death in 1957, the land was purchased by a developer named Albert W. Turner who created the city as we now know it, in response to the need for housing for new baby boomers. Homes for sale in New Carrollton, MD sprung up overnight and within a decade, residential development was mostly complete.

Search MLS Listings in New Carrollton

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$300,000 - $400,000
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19 Properties Found. Page 1 of 2
Photo of Listing #PG10244479

8315 Larchwood St

NEW CARROLLTON, MD
$362,000

MLS#: PG10244479
6 Bed, 3 Bath
1365 Sqft, 0.17 Acres
Residential

Photo of Listing #PG10270725

6419 Jodie St

NEW CARROLLTON, MD
$344,999

MLS#: PG10270725
5 Bed, 2½ Bath
1250 Sqft, 0.2 Acres
Residential

Photo of Listing #PG10262756

6460 Fairborn Ter

NEW CARROLLTON, MD
$342,000

MLS#: PG10262756
5 Bed, 3 Bath
960 Sqft, 0.17 Acres
Residential

Photo of Listing #PG10294383

7708 Topton St

NEW CARROLLTON, MD
$340,000

MLS#: PG10294383
5 Bed, 2 Bath
1560 Sqft, 0.18 Acres
Residential

Photo of Listing #PG10292448

8514 Oliver St

NEW CARROLLTON, MD
$339,000

MLS#: PG10292448
6 Bed, 2 Bath
1276 Sqft, 0.14 Acres
Residential

8400 Ravenswood Rd

NEW CARROLLTON, MD
$330,000

MLS#: PG10208178
6 Bed, 3 Bath
1365 Sqft, 0.23 Acres
Residential

Photo of Listing #PG10251900

6104 Lamont Dr

NEW CARROLLTON, MD
$329,900

MLS#: PG10251900
5 Bed, 2 Bath
1365 Sqft, 0.26 Acres
Residential

Photo of Listing #PG10246815

8315 Legation Rd

NEW CARROLLTON, MD
$314,900

MLS#: PG10246815
4 Bed, 2 Bath
1000 Sqft, 0.13 Acres
Residential

Photo of Listing #PG10234549

6604 Lamont Dr

NEW CARROLLTON, MD
$310,000

MLS#: PG10234549
5 Bed, 2½ Bath
996 Sqft, 0.21 Acres
Residential

Photo of Listing #PG10159877

8313 Sprague Pl

NEW CARROLLTON, MD
$298,000

MLS#: PG10159877
4 Bed, 2 Bath
1296 Sqft, 0.19 Acres
Residential

Photo of Listing #PG10208452

6213 Westbrook Dr

NEW CARROLLTON, MD
$269,900

MLS#: PG10208452
4 Bed, 2 Bath
1365 Sqft, 0.46 Acres
Residential

Photo of Listing #PG10101010

8302 Larchwood St

NEW CARROLLTON, MD
$260,000

MLS#: PG10101010
5 Bed, 2 Bath
1825 Sqft, 0.21 Acres
Residential

More About the New Carrollton, MD Real Estate Market

New Carrollton is home to around 12,000 residents, and while single-family houses are in the majority, about 20 percent of the real estate market is comprised of condos for sale.
The super-low prices have a lot to do with Prince George’s County which experienced a substantial slump in the aftermath of the subprime mortgage crisis. Today, list prices are spiking back up—showing double-digit growth annually since 2012. There is still ground to be made up, however, which means a continued buyers’ market.

Although it is now officially a city, New Carrollton is small in size and has a mostly suburban feel, except for its downtown center which features some interesting modern curvilinear commercial structures. Most of the businesses, including restaurants, shopping and entertainment, are along Annapolis Road, with the local Metro station a few blocks south at Rte. 50.

Condos and townhouses for sale in New Carrollton are primarily located near the community’s southwestern border, with prices starting in the five-figure range. These were mostly built in the early 1960s. Detached single-family homes for sale typically start in the low six figures and don’t often climb past $350,000. You’ll find lots of Ramblers and Split-levels, plus Colonials and Capes. Mo more turtles, but very low real estate prices.

 

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 July 16th, 2018 at 7:28am EDT.