January's First-Time Homebuyer Report for Paramount-Long Meadow

With 2,571 residents, Paramount-Long Meadow is an average-sized city in Maryland. Also, with a 27.8% increase over the last 10 years, its population is growing faster than other parts of the state. Paramount-Long Meadow is an area where most people own their homes, with an ownership ratio of 74.3%. The best school in the city is Paramount Elementary School.

Price Range

The median value of homes in Paramount-Long Meadow is $194,600, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $316,876. There were four home sales in the Paramount-Long Meadow market over the last 30 days, while coming close to the 5.0 monthly average for the last 12 months.

Out of all the listings in Paramount-Long Meadow, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$2.4M   $259K   $349K  

Typical Dwelling

The typical dwelling in Paramount-Long Meadow is a four-bedroom detached home worth about $293,195. To purchase a similar home, a buyer with good credit and a $58,639 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,166 monthly payment. The property tax rate is $10.15 per $1,000 of taxable assessed value.

Get started right now by checking out Paramount-Long Meadow homes for sale or reviewing Paramount-Long Meadow real estate trends.


Data reported through 1/12/2017

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