Fallston, MD 21047 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fallston, MD—21047

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$554,000

2.6% YoY Growth

Household Income

$155,000

45.0% YoY Growth

Days on Market

16.0% Longer YoY

Home Price Forecast

0.5%

Median Rent

$3,000

24.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,600

5.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Fallston, MD

As of Dec '25, the median home price in Fallston, MD is $554,000, with a year-over-year change of 2.6%. This indicates that home prices in Fallston, MD are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$554,000	2.6%
Single Family	$556,000	2.6%
Condos	$543,000	5.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fallston, MD

As of July '25, Rentcast reports the average rent in Fallston, MD is $2,590, with a year-over-year rent change of 24.5%. Per bedroom, the median rent as of July '25 in Fallston, MD is 2-bedrooms: $1,620, 4-bedrooms: $3,230. The most common rental property sizes in Fallston, MD are 4-bedroom and 3-bedroom, accounting for 71.5% and 28.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,000	$2,590
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,600	$1,620
3 Bed Rent	N/A	N/A
4 Bed Rent	$3,200	$3,230

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% of Rental Stock

3 Bedrooms

28.5%

4 Bedrooms

71.5%

Property Listings — Fallston, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Fallston, MD is 32. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	0.0%
Listing Count	33	8.0%
Listings as % of Homes	0.5%	8.0%
Days on Market	57	16.0%

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Demographics — Fallston, MD

As of the latest ACS Survey released in 2023, Fallston, MD has a population of 13,500, which has increased by 11.9% over the past 5 years. Fallston, MD is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 53.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,500	11.9%
% Under 18	21.6%	-5.3%
% Seniors	21.5%	8.0%
% WFH	16.4%	124.7%
% w/ College Degree	53.1%	19.9%

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As of the latest ACS Survey released in 2023, Fallston, MD is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Fallston, MD is hispanic, making up 5.1% of the population. Foreign-born residents account for 4.2% of the population in Fallston, MD, and this percentage has decreased by 10.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	87.4%	-5.1%
% Black	2.2%	29.4%
% Hispanic	5.1%	240.0%
% Asian	3.8%	111.1%
% Foreign Born	4.2%	-10.6%

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Mortgage and Risk — Fallston, MD

According to HUD data as of 2023, there were 287 mortgage originations in Fallston, MD, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Fallston, MD. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	287
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Fallston, MD

Fallston, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	14
Total Units Section 8	14
% Rentals under Section 8	8.6%
% Occupied Section 8	72.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$2,410
2 Bedroom	$1,350	$1,600	$2,950
3 Bedroom	N/A	N/A	$3,800
4 Bedroom	$1,040	$3,200	$4,240

Fallston, MD—21047

Key Metrics at a Glance

Home Price Trends — Fallston, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fallston, MD

% of Rental Stock

Property Listings — Fallston, MD

Demographics — Fallston, MD

Race and Ethnicity

Mortgage and Risk — Fallston, MD

Mortgages

Rentals and Section 8 — Fallston, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Fallston, MD

Home Price to Income Ratio

Fallston, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Baldwin, MD

Hydes, MD

Hydes, MD

Forest Hill, MD

Kingsville, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$554,000
Median Household Income	$155,000

Fallston, MD—21047

Key Metrics at a Glance

Home Price Trends — Fallston, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fallston, MD

% of Rental Stock

Property Listings — Fallston, MD

Demographics — Fallston, MD

Race and Ethnicity

Mortgage and Risk — Fallston, MD

Mortgages

Rentals and Section 8 — Fallston, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Fallston, MD

Home Price to Income Ratio

Fallston, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Baldwin, MD

Hydes, MD

Hydes, MD

Forest Hill, MD

Kingsville, MD

Frequently Asked Questions

What is the average home price in Fallston, MD 21047?

How have home prices in Fallston, MD 21047 changed over the past year?

What is the home price projection for Fallston, MD 21047?

What are the demographics of Fallston, MD 21047?

How long does it take homes to sell in Fallston, MD 21047?

What is the average rent price in Fallston, MD 21047?