East New Market First-Time Homebuyer Report for January

East New Market is a city in Maryland. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $58,501 per household and cost of living adjustment score of 105.2. With a median age of 38 years, homes in East New Market tend to be relatively old. Heading the list of top schools in the city is Warwick Elementary School.

Price Range

The median value of homes in East New Market is $154,400, making it one of the lower priced areas in Maryland. At the same time, the average list price of available homes is presently $159,622.

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

$115K  

Typical Dwelling

The typical dwelling in East New Market is a three-bedroom detached home worth about $66,567. To purchase a similar home, a buyer with good credit and a $13,313 cash down payment could obtain a mortgage with a 3.95% interest rate and a $400 monthly payment. The property tax rate is $9.66 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Coldwell Banker Chesapeake Real Estate Company
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.