Loch Lynn Heights January First-Time Homebuyer Report

The population of Loch Lynn Heights is much less affluent than average compared to others in Maryland with a median income of $37,460 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 98.1. With a median age of 40 years, homes in Loch Lynn Heights tend to be older than most. Heading the list of top schools in the city is Swan Meadow School.

Price Range

Homes in Loch Lynn Heights are generally less expensive than others in the state with a median home value of $116,200 and an average list price of $117,709. The Loch Lynn Heights market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Loch Lynn Heights usually averages 0.2 sales per month.

Curious as to which homes have been getting the most attention in Loch Lynn Heights? These listings have stirred up interest and produced the most views:

$139K   $105K  

Typical Dwelling

A three-bedroom detached home valued around $108,450 is considered a typical dwelling in Loch Lynn Heights. If a buyer was looking for a similar home, they would need good credit and a $21,690 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $40 and the property tax rate is $9.22 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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