Prince Frederick's October First-Time Homebuyer Report

Prince Frederick has an older population than other areas in Maryland with a median age of 38 years. It is also somewhat affluent with a median income of $63,226 per household. The Prince Frederick market mostly consists of detached houses, accounting for 67% of the current homes in the area. Heading the list of top schools in the city is Plum Point Elementary School.

Price Range

Prince Frederick has some of the more expensive homes in the state with a median home value of $255,400 and a current average list price of $298,532. Fewer sellers put their homes up for sale in the Prince Frederick market over the last 30 days and the number of new listings shrank this week to two. Home sales remained unchanged from the prior period and once again five homes were sold.

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

$369K   $174K   $355K  

Typical Dwelling

A three-bedroom townhouse valued around $262,872 is considered a typical dwelling in Prince Frederick. If a buyer was looking for a similar home, they would need good credit and a $52,574 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,599 and the property tax rate is $9.53 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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