October's First-Time Homebuyer Report for 21220 Zip Code

The 21220 zip code has a much older population than other areas in Maryland with a median age of 37 years. It is also less affluent than average with a median income of $52,540 per household. The 21220 zip code market is mostly made up of detached homes, currently accounting for 67% overall. The top school in the zip code is Crossroads Center.

Price Range

The 21220 zip code has some of the more affordable homes in the state with a median home value of $160,000 and a current average list price of $219,828. While home sales in the 21220 zip code market have been above average, in this week's report they slid 2.3% to 43 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 21220 zip code:

$137K   $159K   $587K  

Typical Dwelling

The typical dwelling in the 21220 zip code is a three-bedroom townhouse worth about $148,370. To purchase a similar home, a buyer with good credit and a $29,674 cash down payment could obtain a mortgage with a 3.95% interest rate and a $833 monthly payment. The property tax rate is $13.08 per $1,000 of taxable assessed value.

Get started right now by checking out 21220 homes for sale or reviewing 21220 real estate trends.


Data reported through 10/13/2016

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Keller Williams Realty Centre
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Cummings & Co Realtors LLC
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CENTURY 21 The Real Estate Centre
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