20724 Zip Code's October First-Time Homebuyer Report

The 20724 zip code has a much older population than other areas in Maryland with a median age of 33 years. It is also affluent with a median income of $80,785 per household. The 20724 zip code market is mostly made up of condos and townhouses, currently accounting for 41% overall. Topping the list of best schools in the zip code is Brock Bridge Elementary School.

Price Range

The median value of homes in the 20724 zip code is $260,000, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $306,652.

Curious as to which homes have been getting the most attention in the 20724 zip code? These listings have stirred up interest and produced the most views:

$375K   $390K   $180K  

Typical Dwelling

A three-bedroom townhouse valued around $307,946 is considered a typical dwelling in the 20724 zip code. If a buyer was looking for a similar home, they would need good credit and a $61,589 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,442 and the property tax rate is $10.70 per $1,000 of taxable assessed value.

Get started right now by checking out 20724 homes for sale or reviewing 20724 real estate trends.


Data reported through 10/13/2016

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