20657 Zip Code First-Time Homebuyer Report for January

The 20657 zip code has a cost of living adjustment score of 113.1, which is average when compared to others in Maryland. Also, the area is considered somewhat affluent with a median income of $76,290 per household. With a median age of 16 years, homes in the 20657 zip code tend to be of moderate age. The top schools in the zip code are Southern Middle School and Patuxent High School.

Culture

Recommended places to eat, according to Foursquare, in 20657 include Moe's Southwest Grill, Frying Pan, and Ledo Pizza. You might also try Ruddy Duck Brewery & Grill, a popular place to get a drink. Lastly, Starbucks is a well-known place to get some coffee.

Price Range

Home values in the 20657 zip code are generally in line with others in the state with a median home value of $200,000 and an average list price of $220,031. Home sales in the 20657 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 18.6% to 35 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 20657 zip code that generated the most views from potential buyers:

$199K   $129K   $199K  

Typical Dwelling

A three-bedroom detached home valued around $207,210 is considered a typical dwelling in the 20657 zip code. If a buyer was looking for a similar home, they would need good credit and a $41,442 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $858 and the property tax rate is $9.53 per $1,000 of taxable assessed value.

Get started right now by checking out 20657 homes for sale or reviewing 20657 real estate trends.


Data reported through 1/12/2017

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