Westminster First-Time Homebuyer Report for October

Westminster is a small city in Maryland with a median income of $58,460 per household. Besides being less affluent than average, its population is much older than others with a median age of 33 years. The Westminster market is primarily made up of detached houses, which currently account for 77% of the homes for sale in the area. Topping the list of best schools in the city is Post Secondary Program.

Price Range

Homes in Westminster are worth a median of $229,000, similar to other parts of Maryland. Additionally, the list prices of available homes is currently at an average of $230,297.

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

$300K   $274K   $345K  

Typical Dwelling

A three-bedroom townhouse valued around $170,987 is considered a typical dwelling in Westminster. If a buyer was looking for a similar home, they would need good credit and a $34,197 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $900 and the property tax rate is $10.39 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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