Washington Grove First-Time Homebuyer Report for October

Washington Grove has a much younger population than other areas in Maryland with a median age of 49 years. It is also affluent with a median income of $88,169 per household. The Washington Grove market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Washington Grove Elementary School.

Price Range

Washington Grove has some of the more expensive homes in the state with a median home value of $388,900 and a current average list price of $401,486. Over the last 30 days, the Washington Grove market was healthy with two homes sold.

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

$442K   $640K  

Typical Dwelling

A three-bedroom detached home valued around $382,000 is considered a typical dwelling in Washington Grove. If a buyer was looking for a similar home, they would need good credit and a $76,400 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,753 and the property tax rate is $12.02 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


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RE/MAX Results
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Keller Williams Select Realtors
Snapped 1 home in this area

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