October's First-Time Homebuyer Report for Herald Harbor

Herald Harbor is an average-sized city in Maryland that has seen a 15.2% increase in population over the last 10 years. It also has a total population of 2,603. Herald Harbor is made up of homes that are relatively old with a median of 33 years. Topping the list of best schools in the city is South Shore Elementary School.

Price Range

Some of the more expensive homes in Maryland are in Herald Harbor with a median home value of $330,300 and an average list price for available homes currently at $501,974. The Herald Harbor market hit a low point in the last 30 days, as sales fell 50.0% to one home, the lowest amount since April.

Out of all the listings in Herald Harbor, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$235K   $493K   $748K  

Typical Dwelling

The typical dwelling in Herald Harbor is a three-bedroom detached home worth about $389,348. To purchase a similar home, a buyer with good credit and a $77,870 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,648 monthly payment. The property tax rate is $10.70 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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