October's First-Time Homebuyer Report for 20855 Zip Code

20855 is a larger than average zip code in Maryland that has seen a 9.4% increase in population over the last 10 years. It also has a total population of 14,735. Homes in the 20855 zip code are relatively old with a median age of 27 years. Topping the list of best schools in the zip code is Col. Zadok Magruder High School.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Giant, CVS/pharmacy, and Red Mill Shopping Center. If you like outdoor activities, some popular spots are Go Ape! - Rock Creek Regional Park and Needwood Golf Course. And finally, recommended places to eat are Outta The Way Cafe, Red Hot & Blue - Barbecue Burgers & Blues, and Ledo Pizza.

Price Range

Homes in the 20855 zip code are generally more expensive than others in the state with a median home value of $335,000 and an average list price of $602,403. A six-week rough patch for the overall sales trend continues in the 20855 zip code market. On a positive note, the number of sales actually rose 37.5% over the last 30 days to 11.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 20855 zip code:

$699K   $679K   $584K  

Typical Dwelling

The typical dwelling in the 20855 zip code is a four-bedroom detached home worth about $549,981. To purchase a similar home, a buyer with good credit and a $109,996 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,343 monthly payment. The property tax rate is $12.02 per $1,000 of taxable assessed value.

Get started right now by checking out 20855 homes for sale or reviewing 20855 real estate trends.


Data reported through 10/13/2016

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