June's First-Time Homebuyer Report for Cecil County

Cecil County is older than the rest of Maryland, with a median age of 38. It's somewhat affluent as well, with a median income of $65,169 per household. Elkton, Perryville, and North East are its three most populated cities. The Cecil County market is primarily made up of detached homes, currently accounting for 89% overall. Heading the list of top schools in the county is Calvert Elementary School.

Price Range

The housing prices of Cecil County are close to the state average with a median home value of $194,500 and a current average list price of $241,048. Chesapeake City, Cecilton, and Rising Sun have the highest worth in the county. The Cecil County market pulled back this week but remained above average levels as sales fell to 147 homes sold over the last 30 days.

Typical Dwelling

A three-bedroom detached home valued around $236,705 is considered a typical dwelling in Cecil County. If a buyer was looking for a similar home, they would need good credit and a $47,341 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,002 and the property tax rate is $10.05 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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