Maymont's October First-Time Homebuyer Report

Maymont is a neighborhood in Richmond with a median income of $31,352 per household. Besides being less affluent than average, its population is much older than others with a median age of 29 years. Condos and townhouses account for 33% of the area's current housing market. The top school in the neighborhood is Clark Springs Elementary School.

Price Range

The median value of homes in Maymont is $112,111, making the area almost identical to others in Richmond. At the same time, the average list price of available homes is presently $292,023. The Maymont market slowed this week but remained above average levels as sales slid 33.3% to two homes sold over the last 30 days.

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

$189K   $379K   $399K  

Typical Dwelling

The typical dwelling in Maymont is a two-bedroom detached home worth about $128,850. To purchase a similar home, a buyer with good credit and a $25,770 cash down payment could obtain a mortgage with a 3.95% interest rate and a $717 monthly payment. The property tax rate is $12.69 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
One South Realty Group, LLC
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.