20674 Zip Code First-Time Homebuyer Report for October

The 20674 zip code has a much younger population than other areas in Maryland with a median age of 46 years. It is also somewhat affluent with a median income of $75,556 per household. The 20674 zip code market is almost exclusively made up of detached houses, which currently account for 91% of the homes for sale in the area.

Price Range

The median value of homes in the 20674 zip code is $195,300, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $315,626. In this week's report, the number of homes sold in the 20674 zip code market fell to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average.

Make sure you take a look at these eye-catching homes in the 20674 zip code that generated the most views from potential buyers:

$229K   $264K   $259K  

Typical Dwelling

A three-bedroom detached home valued around $423,891 is considered a typical dwelling in the 20674 zip code. If a buyer was looking for a similar home, they would need good credit and a $84,778 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,339 and the property tax rate is $8.74 per $1,000 of taxable assessed value.

Get started right now by checking out 20674 homes for sale or reviewing 20674 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
RE/MAX One
Snapped 2 homes in this area
O Brien Realty
Snapped 2 homes in this area

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