January's First-Time Homebuyer Report for 21160 Zip Code

21160 is a smaller-than-average zip code in Maryland with 2,586 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 3.0%. Keep in mind, most people in the 21160 zip code own their homes, with a 78.8% ownership ratio.

Price Range

The median value of homes in the 21160 zip code is $255,200, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $420,311.

Make sure you take a look at these eye-catching homes in the 21160 zip code that generated the most views from potential buyers:

$215K   $519K   $558K  

Typical Dwelling

The typical dwelling in the 21160 zip code is a four-bedroom detached home worth about $418,205. To purchase a similar home, a buyer with good credit and a $83,641 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,429 monthly payment. The property tax rate is $10.49 per $1,000 of taxable assessed value.

Get started right now by checking out 21160 homes for sale or reviewing 21160 real estate trends.


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
John W. Cairnes Realty Co., Inc.
Snapped 2 homes in this area
Keller Williams American Premier Realty LLC
Snapped 2 homes in this area
Cummings & Co Realtors LLC
Snapped 1 home in this area

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