St. Mary's County's January First-Time Homebuyer Report

St. Mary's County is an average-sized county in Maryland with a population of 105,151 people. Although it does rank as the third-fastest growing, at a 10-year growth rate of 22.0%. The three cities with the largest populations are California, Lexington Park, and Golden Beach. St. Mary's County is an area where most people own their homes, with an ownership ratio of 65.3%. Topping the list of best schools in the county is Town Creek Elementary School.

Price Range

St. Mary's County has some of the more expensive homes in the state with a median home value of $241,900 and a current average list price of $290,700. The St. Mary's County market slowed with a 7.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 119.6 monthly average with 119 homes sold.

Curious as to which homes have been getting the most attention in St. Mary's County? These listings have stirred up interest and produced the most views:

$159K   $949K   $289K  

Typical Dwelling

A three-bedroom detached home valued around $256,848 is considered a typical dwelling in St. Mary's County. If a buyer was looking for a similar home, they would need good credit and a $51,370 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,341 and the property tax rate is $8.74 per $1,000 of taxable assessed value.

Get started right now by checking out St. Mary's County homes for sale or reviewing St. Mary's County real estate trends.


Data reported through 1/12/2017

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