January's First-Time Homebuyer Report for Glen Burnie

Glen Burnie has a cost of living adjustment score of 111.1, which is average when compared to others in Maryland. Also, the area is considered somewhat affluent with a median income of $60,463 per household. The three zip codes with the largest populations are 21061, 21060, and 21108. Glen Burnie is made up of homes that are older than most with a median of 43 years. Topping the list of best schools in the city is Richard Henry Lee Elementary School.

Price Range

The housing prices of Glen Burnie are close to the state average with a median home value of $199,800 and a current average list price of $252,756.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Glen Burnie:

$255K   $215K   $170K  

Typical Dwelling

The typical dwelling in Glen Burnie is a three-bedroom detached home worth about $229,491. To purchase a similar home, a buyer with good credit and a $45,898 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,152 monthly payment. The property tax rate is $10.70 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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