Overlea's October First-Time Homebuyer Report

Overlea is older than the rest of Maryland, with a median age of 39. It's somewhat affluent as well, with a median income of $59,869 per household. The Overlea market is mostly made up of detached homes, currently accounting for 65% overall. Topping the list of best schools in the city is Fullerton Elementary School.

Price Range

Home values in Overlea are generally in line with others in the state with a median home value of $190,200 and an average list price of $186,919. Over the last 30 days, the Overlea market was healthy with 19 homes sold, a 5.6% increase from last week's report.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Overlea:

$210K   $305K   $199K  

Typical Dwelling

A three-bedroom detached home valued around $192,673 is considered a typical dwelling in Overlea. If a buyer was looking for a similar home, they would need good credit and a $38,535 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $989 and the property tax rate is $13.08 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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