Randallstown, MD—21133
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Randallstown, MD
As of Oct '25, the median home price in Randallstown, MD is $361,000, with a year-over-year change of 2.8%. This indicates that home prices in Randallstown, MD are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $361,000 | 2.8% |
| Single Family | $361,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $343,000 | 2.7% |
4 Bed | $397,000 | 1.8% |
| 5 Bed | $435,000 | 1.2% |
% of Housing Stock
Rental Trends — Randallstown, MD
As of July '25, Rentcast reports the average rent in Randallstown, MD is $1,990, with a year-over-year rent change of 27.6%. Per bedroom, the median rent as of July '25 in Randallstown, MD is studios: $1,210, 1-bedrooms: $1,280, 2-bedrooms: $1,780, 3-bedrooms: $2,820, 4-bedrooms: $2,720. The most common rental property sizes in Randallstown, MD are 1-bedroom and 2-bedroom, accounting for 39.2% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $1,990 |
| Studio Rent | $1,210 | $1,210 |
| 1 Bed Rent | $1,260 | $1,280 |
| 2 Bed Rent | $1,780 | $1,780 |
| 3 Bed Rent | $2,500 | $2,820 |
| 4 Bed Rent | $2,700 | $2,720 |
% of Rental Stock
Property Listings — Randallstown, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Randallstown, MD is 28. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | 10.0% |
Listing Count | 58 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 28 | -16.0% |
Demographics — Randallstown, MD
As of the latest ACS Survey released in 2023, Randallstown, MD has a population of 31,800, which has decreased by -2.0% over the past 5 years. Randallstown, MD is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 34.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,800 | -2.0% |
% Under 18 | 18.2% | -17.3% |
% Seniors | 21.1% | 30.2% |
% WFH | 11.3% | 242.4% |
% w/ College Degree | 34.6% | 1.8% |
As of the latest ACS Survey released in 2023, Randallstown, MD is a predominantly black area, with 79.0% of the population identifying as black. The black population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Randallstown, MD is white, making up 9.3% of the population. Foreign-born residents account for 15.5% of the population in Randallstown, MD, and this percentage has increased by 44.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 9.3% | -21.2% |
% Black | 79.0% | -3.1% |
% Hispanic | 7.2% | 157.1% |
% Asian | 1.7% | -10.5% |
% Foreign Born | 15.5% | 44.9% |
Mortgage and Risk — Randallstown, MD
According to HUD data as of 2023, there were 363 mortgage originations in Randallstown, MD, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Randallstown, MD. Investor activity is low, as 1.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 363 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Randallstown, MD
As of 2024, the percent of homes in Randallstown, MD under the Section 8 program is 13.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Randallstown, MD, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 710 |
Total Units Section 8 | 507 |
% Rentals under Section 8 | 13.6% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,260 | $1,560 |
| 2 Bedroom | $130 | $1,780 | $1,910 |
| 3 Bedroom | -$40 | $2,500 | $2,460 |
| 4 Bedroom | $50 | $2,700 | $2,750 |
Affordability — Randallstown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $361,000 |
| Median Household Income | $84,200 |