October's First-Time Homebuyer Report for 20629 Zip Code

The 20629 zip code has a much younger population than other areas in Maryland with a median age of 52 years. It is also affluent with a median income of $78,136 per household. The 20629 zip code market mostly consists of condos and townhouses, accounting for 44% of the current homes in the area.

Price Range

Some of the more expensive homes in Maryland are in the 20629 zip code with a median home value of $381,400 and an average list price for available homes currently at $343,446. The number of homes coming into the 20629 zip code market plummeted to zero listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period.

Curious as to which homes have been getting the most attention in the 20629 zip code? These listings have stirred up interest and produced the most views:

$364K   $347K   $529K  

Typical Dwelling

A three-bedroom townhouse valued around $291,878 is considered a typical dwelling in the 20629 zip code. If a buyer was looking for a similar home, they would need good credit and a $58,376 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,533 and the property tax rate is $9.53 per $1,000 of taxable assessed value.

Get started right now by checking out 20629 homes for sale or reviewing 20629 real estate trends.


Data reported through 10/13/2016

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