20874 Zip Code First-Time Homebuyer Report for January

The population of the 20874 zip code is affluent compared to others in Maryland with a median income of $84,551 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 118.4. Homes in the 20874 zip code are of moderate age with a median age of 21 years. The best school in the zip code is Northwest High School.

Price Range

The median value of homes in the 20874 zip code is $226,000, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $304,856. Home sales in the 20874 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 15.4% to 66 homes sold over the last 30 days.

Out of all the listings in the 20874 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$259K   $257K   $464K  

Typical Dwelling

A three-bedroom townhouse valued around $290,545 is considered a typical dwelling in the 20874 zip code. If a buyer was looking for a similar home, they would need good credit and a $58,109 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,335 and the property tax rate is $12.02 per $1,000 of taxable assessed value.

Get started right now by checking out 20874 homes for sale or reviewing 20874 real estate trends.


Data reported through 1/12/2017

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