June's First-Time Homebuyer Report for Caroline County

Caroline County has an older population than other areas in Maryland with a median age of 38 years. It is also less affluent than average with a median income of $51,759 per household. The three cities with the largest populations are Denton, Federalsburg, and Greensboro. The Caroline County market is almost exclusively made up of detached homes, currently accounting for 99% overall. The best school in the county is Preston Elementary School.

Price Range

Caroline County has some of the more affordable homes in the state with a median home value of $175,200 and a current average list price of $191,722. The most expensive places to live are 21629, Hillsboro, and 21629.

Typical Dwelling

The typical dwelling in Caroline County is a three-bedroom detached home worth about $196,953. To purchase a similar home, a buyer with good credit and a $39,391 cash down payment could obtain a mortgage with a 3.95% interest rate and a $603 monthly payment. The property tax rate is $9.79 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

Comments:

Ask a local expert about this area:
Coldwell Banker Chesapeake Real Estate Company
Snapped 1 home in this area
Carrington Real Estate Services, LLC.
Snapped 2 homes in this area
Benson & Mangold, LLC
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.