January's First-Time Homebuyer Report for 20783 Zip Code

The population of the 20783 zip code is less affluent than average compared to others in Maryland with a median income of $55,838 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 101.8. The 20783 zip code is made up of homes that are considered older than most with a median of 50 years. Heading the list of top schools in the zip code is High Point High School.

Price Range

Homes in the 20783 zip code are generally less expensive than others in the state with a median home value of $135,000 and an average list price of $283,232.

Make sure you take a look at these eye-catching homes in the 20783 zip code that generated the most views from potential buyers:

$217K   $310K   $399K  

Typical Dwelling

A three-bedroom detached home valued around $281,265 is considered a typical dwelling in the 20783 zip code. If a buyer was looking for a similar home, they would need good credit and a $56,253 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,237 and the property tax rate is $16.07 per $1,000 of taxable assessed value.

Get started right now by checking out 20783 homes for sale or reviewing 20783 real estate trends.


Data reported through 1/12/2017

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