Caroline County First-Time Homebuyer Report for June

Caroline County is a county in Virginia with a median income of $54,395 per household. Besides being affluent, its population is much older than others with a median age of 38 years. 22546, 22546, and Bowling Green are its three most populated zip codes. Detached homes account for 96% of the area's current housing market. The top school in the county is Beaverdam Elementary School.

Price Range

The housing prices of Caroline County are close to the state average with a median home value of $143,700 and a current average list price of $194,037. The most expensive places to live are 22546, Port Royal, and 22546. In this week's report, the number of homes sold in the Caroline County market fell to 65 over the past 30 days, a decrease of 3.0% from last week's report, but still above the monthly average.

Typical Dwelling

The typical dwelling in Caroline County is a three-bedroom detached home worth about $201,604. To purchase a similar home, a buyer with good credit and a $40,321 cash down payment could obtain a mortgage with a 3.95% interest rate and a $978 monthly payment. The property tax rate is $7.01 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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