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Konterra

Learn about the people, housing, costs and businesses in Konterra, Maryland

Median Home$490,123
Median Rent$2,152/month
Population3,541
Leading IndustriesEducation · Manufacturing · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆+20.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners61% of occupied units
NotableHigh Incomes$122k/year · top 8% nationally
NotableAmenity Score67/100 · highly walkable area
Konterra
MD

Frequently Asked Questions

What are today's mortgage rates in Konterra?

As of today, the 30-year fixed mortgage rate for Konterra is approximately 7.023% (7.064% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Konterra?

The median home value in Konterra is $490k. The median monthly rent is $2,152. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Konterra?

Home values in Konterra have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Konterra?

Based on a typical all-in ownership cost of $2,293/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Konterra is $122k/year.

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What industries drive the economy in Konterra?

The largest employment sectors in Konterra are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.