Funkstown's January First-Time Homebuyer Report

The population of Funkstown is less affluent than average compared to others in Maryland with a median income of $50,630 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 92.6. Homes in Funkstown are older than most with a median age of 58 years. The best school in the city is Fountain Rock Elementary School.

Price Range

Funkstown has some of the more affordable homes in the state with a median home value of $133,900 and a current average list price of $279,359.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Funkstown:

$375K   $349K  

Typical Dwelling

The typical dwelling in Funkstown is a four-bedroom detached home worth about $170,289. To purchase a similar home, a buyer with good credit and a $34,058 cash down payment could obtain a mortgage with a 3.95% interest rate and a $275 monthly payment. The property tax rate is $10.15 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:


©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.