As one of main forms for land consolidation, village consolidation in suburbs can be beneficial to promote a coordinated urban and rural development, protect cultivated land resources and keep cultivated land requisition-compensation balance. But the hysteretic nature in implementation of planning has been an inhibition to meet the reasonable demand of homestead for many peasants and seriously restrain the potential of land consolidation in suburban rural areas. There are four types of village consolidation in suburbs at present, consisting of rural urbanization, village merging, village internal adjustment and allopatry migration. The mode of exchanging homestead for house has been a pilot project in Tianjin, which can be used in Beijing to solve the imbalance between supply and demand of the homestead effectively, because the villages to be consolidated in Beijing have similarity with their counterparts in Tianjin. Based on field investigation, X district of Beijing is taken as a case to study present situation, demand quantity and demand causes of homestead in detail. According to aggregation and analysis of investigation results term by term, the mode of exchanging homestead for house is regarded as the best one in residential land consolidation project at present which exploits potential of rural land consolidation with maximum extent. Theory perfection on the mode of exchanging homestead for house is achieved on the basis of investigation data and conclusions. This article points out that those peasants who have the legal and reasonable demand for homestead should have the chance to share the interests brought by development equally. Rationality should be pursued during the process of practical operation and buffering system of house resource should be built to meet the house demand of families newly added.