20722 Zip Code First-Time Homebuyer Report for January

With 5,750 residents, 20722 is an average-sized zip code in Maryland. Also, with a 4.9% increase over the last 10 years, its population is growing slower than other parts of the state. With an ownership ratio of 64.3%, most people in the 20722 zip code are homeowners.

Price Range

Some of the least expensive homes in Maryland are in the 20722 zip code with a median home value of $77,500, while the list prices of available homes is currently at an average of $287,195. The 20722 zip code market was active in this week's report, as the number of home sales rose 25.0%, pushing the total to five homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 20722 zip code that generated the most views from potential buyers:

$212K   $275K   $175K  

Typical Dwelling

The typical dwelling in the 20722 zip code is a three-bedroom detached home worth about $241,450. To purchase a similar home, a buyer with good credit and a $48,290 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,691 monthly payment. The property tax rate is $16.07 per $1,000 of taxable assessed value.

Get started right now by checking out 20722 homes for sale or reviewing 20722 real estate trends.


Data reported through 1/12/2017

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RE/MAX United Real Estate
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Selective Realty
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Tristar Realty INC
Snapped 2 homes in this area

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