Towson, MD—21204
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Towson, MD
Home Price Trends — Towson, MD
As of Oct '25, the median home price in Towson, MD is $582,000, with a year-over-year change of 2.2%. This indicates that home prices in Towson, 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 | $582,000 | 2.2% |
| Single Family | $631,000 | 1.8% |
| Condos | $245,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | 1.2% |
3 Bed | $481,000 | 2.1% |
4 Bed | $719,000 | 0.7% |
| 5 Bed | $1,101,000 | 1.3% |
% of Housing Stock
Rental Trends — Towson, MD
As of July '25, Rentcast reports the average rent in Towson, MD is $2,140, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Towson, MD is studios: $1,450, 1-bedrooms: $1,740, 2-bedrooms: $2,290, 3-bedrooms: $2,530, 4-bedrooms: $3,260. The most common rental property sizes in Towson, MD are 2-bedroom and 1-bedroom, accounting for 49.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,140 |
| Studio Rent | $1,430 | $1,450 |
| 1 Bed Rent | $1,600 | $1,740 |
| 2 Bed Rent | $2,060 | $2,290 |
| 3 Bed Rent | $2,350 | $2,530 |
| 4 Bed Rent | $2,420 | $3,260 |
% of Rental Stock
Property Listings — Towson, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Towson, MD is 35. This is a decrease of -7.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $647,000 | 3.0% |
Listing Count | 51 | 31.0% |
| Listings as % of Homes | 0.2% | 31.0% |
Days on Market | 35 | -7.0% |
Demographics — Towson, MD
As of the latest ACS Survey released in 2023, Towson, MD has a population of 19,600, which has decreased by -9.4% over the past 5 years. Towson, MD is a moderately popular place for families, as children make up 16.3% of the population. The area has a highly educated workforce, with 72.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | -9.4% |
% Under 18 | 16.3% | 5.8% |
% Seniors | 19.8% | 10.0% |
% WFH | 21.4% | 214.7% |
% w/ College Degree | 72.6% | 15.2% |
As of the latest ACS Survey released in 2023, Towson, MD is a predominantly white area, with 70.0% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Towson, MD is black, making up 15.0% of the population. Foreign-born residents account for 8.6% of the population in Towson, MD, and this percentage has decreased by 11.3% 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 | 70.0% | -5.5% |
% Black | 15.0% | -5.1% |
% Hispanic | 4.3% | 13.2% |
% Asian | 5.7% | 32.6% |
% Foreign Born | 8.6% | -11.3% |
Mortgage and Risk — Towson, MD
According to HUD data as of 2023, there were 216 mortgage originations in Towson, MD, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Towson, MD. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 216 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Towson, MD
As of 2024, the percent of homes in Towson, MD under the Section 8 program is 3.6%. 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. In Towson, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 177 |
Total Units Section 8 | 176 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,600 | $1,920 |
| 2 Bedroom | $290 | $2,060 | $2,350 |
| 3 Bedroom | $670 | $2,350 | $3,020 |
| 4 Bedroom | $960 | $2,420 | $3,380 |
Affordability — Towson, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $582,000 |
| Median Household Income | $98,500 |