Woodmore's January First-Time Homebuyer Report

Woodmore has a cost of living adjustment score of 160.4, which is very expensive when compared to others in Maryland. Also, the area is considered very affluent with a median income of $124,038 per household. With a median age of 13 years, homes in Woodmore tend to be relatively new. The top school in the city is Tall Oaks Vocational.

Culture

If you're looking to explore the landscape of Woodmore, then check out PG Sports Park, Foursquare's most popular place for outdoor activities.

Price Range

Some of the more expensive homes in Maryland are in Woodmore with a median home value of $453,700 and an average list price for available homes currently at $564,370.

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

$1.6M   $294K   $499K  

Typical Dwelling

A four-bedroom detached home valued around $499,577 is considered a typical dwelling in Woodmore. If a buyer was looking for a similar home, they would need good credit and a $99,915 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,350 and the property tax rate is $16.07 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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RE/MAX United Real Estate
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Long & Foster Real Estate, Inc.
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