Hancock has a younger population than other areas in Maryland with a median age of 40 years. It is also much less affluent than average with a median income of $38,100 per household. Detached homes account for 100% of the area's current housing market. Heading the list of top schools in the city is Hancock Middle Senior High School.
Hancock has some of the more affordable homes in the state with a median home value of $98,000 and a current average list price of $136,530. The Hancock market saw sales remain flat this week with three homes sold over the last 30 days, while new listings climbed to two.
Curious as to which homes have been getting the most attention in Hancock? These listings have stirred up interest and produced the most views:
The typical dwelling in Hancock is a three-bedroom detached home worth about $93,131. To purchase a similar home, a buyer with good credit and a $18,626 cash down payment could obtain a mortgage with a 3.95% interest rate and a $667 monthly payment. The property tax rate is $10.15 per $1,000 of taxable assessed value.
Get started right now by checking out Hancock homes for sale or reviewing Hancock real estate trends.