January's First-Time Homebuyer Report for 20609 Zip Code

20609 is a zip code in Maryland. It's somewhat affluent and the cost of living is expensive compared to the rest of the state, with a median income of $71,321 per household and cost of living adjustment score of 125.6. With a median age of 39 years, homes in the 20609 zip code tend to be relatively old.

Price Range

Homes in the 20609 zip code are worth a median of $269,900, similar to other parts of Maryland. Additionally, the list prices of available homes is currently at an average of $429,112. Home sales in the 20609 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 50.0% to one home sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 20609 zip code:

$489K   $749K   $450K  

Typical Dwelling

The typical dwelling in the 20609 zip code is a three-bedroom detached home worth about $247,429. To purchase a similar home, a buyer with good credit and a $49,486 cash down payment could obtain a mortgage with a 3.95% interest rate and a $489 monthly payment. The property tax rate is $8.74 per $1,000 of taxable assessed value.

Get started right now by checking out 20609 homes for sale or reviewing 20609 real estate trends.


Data reported through 1/12/2017

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Snapped 1 home in this area
Snapped 1 home in this area

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