20772 Zip Code First-Time Homebuyer Report for October

The population of the 20772 zip code is growing slower than the rest of Maryland, at a 10-year growth rate of 19.1%. It's a larger than average zip code compared to the rest of the state, with 43,404 residents. With a median age of 20 years, homes in the 20772 zip code tend to be of moderate age. Topping the list of best schools in the zip code is Frederick Douglass High School.

Culture

According to Foursquare, Walmart, Dutch Village Farmers Market, and Toys"R"Us are the most popular retail spots in 20772. If you're looking to explore the outdoors, some favorite spots are Maryland Small Arms Range and Lake Presidential Golf Club. And finally, recommended places to eat are Chipotle Mexican Grill, IHOP, and Olde Towne Inn.

Price Range

The median value of homes in the 20772 zip code is $232,500, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $394,845. The 20772 zip code market pulled back this week but remained above average levels as sales fell to 67 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 20772 zip code that generated the most views from potential buyers:

$275K   $285K   $139K  

Typical Dwelling

The typical dwelling in the 20772 zip code is a four-bedroom detached home worth about $378,394. To purchase a similar home, a buyer with good credit and a $75,679 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,394 monthly payment. The property tax rate is $16.07 per $1,000 of taxable assessed value.

Get started right now by checking out 20772 homes for sale or reviewing 20772 real estate trends.


Data reported through 10/13/2016

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