Arden-on-the-Severn First-Time Homebuyer Report for October

Arden-on-the-Severn is younger than the rest of Maryland, with a median age of 43. It's very affluent as well, with a median income of $97,621 per household. The Arden-on-the-Severn market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the city is South Shore Elementary School.

Price Range

Arden-on-the-Severn has some of the more expensive homes in the state with a median home value of $299,500 and a current average list price of $364,524. The number of sellers who put their homes up for sale in the Arden-on-the-Severn market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold.

Curious as to which homes have been getting the most attention in Arden-on-the-Severn? These listings have stirred up interest and produced the most views:

$329K   $489K   $709K  

Typical Dwelling

A four-bedroom detached home valued around $482,422 is considered a typical dwelling in Arden-on-the-Severn. If a buyer was looking for a similar home, they would need good credit and a $96,484 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,643 and the property tax rate is $10.70 per $1,000 of taxable assessed value.

Get started right now by checking out Arden-on-the-Severn homes for sale or reviewing Arden-on-the-Severn real estate trends.


Data reported through 10/13/2016

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