Eldersburg's October First-Time Homebuyer Report

Eldersburg is a small city in Maryland with a median income of $91,255 per household. Besides being very affluent, its population is younger than others with a median age of 40 years. The Eldersburg market is primarily made up of detached homes, currently accounting for 88% overall. The best schools in the city are Piney Ridge Elementary School, Oklahoma Road Middle School, and Marriotts Ridge High School.

Price Range

Some of the more expensive homes in Maryland are in Eldersburg with a median home value of $308,400 and an average list price for available homes currently at $387,580.

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

$587K   $369K   $499K  

Typical Dwelling

The typical dwelling in Eldersburg is a four-bedroom detached home worth about $446,462. To purchase a similar home, a buyer with good credit and a $89,292 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,726 monthly payment. The property tax rate is $10.39 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


Ask a local expert about this area:
Keller Williams Realty Centre
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Coldwell Banker Residential Brokerage
Snapped 13 homes in this area
Monument Sotheby's International Realty
Snapped 3 homes in this area

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