Parole First-Time Homebuyer Report for January

Parole has a cost of living adjustment score of 143.1, which is very expensive when compared to others in Maryland. Also, the area is considered very affluent with a median income of $90,551 per household. Homes in Parole are of moderate age with a median age of 20 years. The top schools in the city are Central Middle School and Annapolis High School.

Culture

If you are interested in the good places to eat in Parole, Foursquare says that Gordon Biersch Brewery Restaurant, Paladar Latin Kitchen & Rum Bar, and Panera Bread are the most popular restaurants. You might also try Buffalo Wild Wings, a popular place to get a drink. Lastly, Starbucks is a well-known place to get some coffee.

Price Range

Parole has some of the more expensive homes in the state with a median home value of $374,200 and a current average list price of $529,231. There were 26 home sales in the Parole market over the last 30 days, while coming close to the 27.7 monthly average for the last 12 months.

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

$349K   $995K   $264K  

Typical Dwelling

The typical dwelling in Parole is a two-bedroom condo worth about $291,985. To purchase a similar home, a buyer with good credit and a $58,397 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,896 monthly payment. The property tax rate is $10.70 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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