January's First-Time Homebuyer Report for 20853 Zip Code

20853 is a zip code in Maryland. It's very affluent and the cost of living is expensive compared to the rest of the state, with a median income of $106,748 per household and cost of living adjustment score of 135.7. With a median age of 43 years, homes in the 20853 zip code tend to be older than most. The best school in the zip code is Cashell Elementary School.

Culture

If you're looking to explore the landscape of 20853, then check out Meadowside Nature Center and Lake Frank, Foursquare's most popular places for outdoor activities.

Price Range

Homes in the 20853 zip code are generally more expensive than others in the state with a median home value of $320,000 and an average list price of $506,533. The 20853 zip code market remained sluggish this week as sales slid 16.7% to land at 20 homes sold over the last 30 days.

Out of all the listings in the 20853 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$725K   $189K   $379K  

Typical Dwelling

The typical dwelling in the 20853 zip code is a four-bedroom detached home worth about $501,107. To purchase a similar home, a buyer with good credit and a $100,221 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,878 monthly payment. The property tax rate is $12.02 per $1,000 of taxable assessed value.

Get started right now by checking out 20853 homes for sale or reviewing 20853 real estate trends.


Data reported through 1/12/2017

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