20650 Zip Code First-Time Homebuyer Report for October

The 20650 zip code is a zip code in Maryland with a median income of $79,061 per household. Besides being affluent, its population is older than others with a median age of 40 years. The 20650 zip code market almost exclusively consists of detached houses, accounting for 91% of the current homes in the area. The top schools in the zip code are Leonardtown Elementary School and Leonardtown Middle School.

Price Range

The 20650 zip code has some of the more expensive homes in the state with a median home value of $318,000 and a current average list price of $357,609. The number of homes coming into the 20650 zip code market rose to 19 listings over the last 30 days, while sales remained right where they were as once again 18 homes were sold over the same period.

Make sure you take a look at these eye-catching homes in the 20650 zip code that generated the most views from potential buyers:

$439K   $439K   $275K  

Typical Dwelling

The typical dwelling in the 20650 zip code is a four-bedroom detached home worth about $401,664. To purchase a similar home, a buyer with good credit and a $80,333 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,442 monthly payment. The property tax rate is $8.74 per $1,000 of taxable assessed value.

Get started right now by checking out 20650 homes for sale or reviewing 20650 real estate trends.


Data reported through 10/13/2016

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