January's First-Time Homebuyer Report for 21202 Zip Code

The 21202 zip code has a cost of living adjustment score of 106.2, which is less expensive when compared to others in Maryland. Also, the area is considered much less affluent than average with a median income of $34,865 per household. The 21202 zip code is made up of homes that are older than most with a median of 51 years. The best school in the zip code is Paul Laurence Dunbar High School.

Price Range

Some of the least expensive homes in Maryland are in the 21202 zip code with a median home value of $180,000, while the list prices of available homes is currently at an average of $324,712. In this week's report, the number of homes sold in the 21202 zip code market dropped to 14 over the past 30 days. It marked a decrease of 12.5% from last week's report and a fall below the monthly average.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 21202 zip code:

$260K   $236K   $12.5M  

Typical Dwelling

A two-bedroom condo valued around $434,012 is considered a typical dwelling in the 21202 zip code. If a buyer was looking for a similar home, they would need good credit and a $86,802 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,704 and the property tax rate is $19.00 per $1,000 of taxable assessed value.

Get started right now by checking out 21202 homes for sale or reviewing 21202 real estate trends.


Data reported through 1/12/2017

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