Owings January First-Time Homebuyer Report

Owings is a city in Maryland. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $99,105 per household and cost of living adjustment score of 141.7. With a median age of 23 years, homes in Owings tend to be of moderate age. Leading the list of top schools in the city are Mount Harmony Elementary School and Northern Middle School.

Price Range

Some of the more expensive homes in Maryland are in Owings with a median home value of $355,500 and an average list price for available homes currently at $452,895. The number of homes coming into the Owings market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again one home was sold over the same period.

Curious as to which homes have been getting the most attention in Owings? These listings have stirred up interest and produced the most views:

$314K   $422K   $349K  

Typical Dwelling

A four-bedroom detached home valued around $442,709 is considered a typical dwelling in Owings. If a buyer was looking for a similar home, they would need good credit and a $88,542 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,079 and the property tax rate is $9.53 per $1,000 of taxable assessed value.

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

Data reported through 1/12/2017


Ask a local expert about this area:
RE/MAX United Real Estate
65 reviews
Snapped 1 home in this area
O Brien Realty, Inc.
Snapped 3 homes in this area

Agents that specialize in this area
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