Towson, MD21286

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$393,000
1.8% YoY Growth
Median Household Income
$93,100
8.2% 5-Year Growth
Days on Market
27
58.0% Longer than last year
Home Price Forecast
-0.1%
Median Rent
$2,200
8.9% YoY Growth
1-Bed Rent
$1,450
24.9% YoY Growth
2-Bed Rent
$2,000
3.1% YoY Growth
3-Bed Rent
$2,500
11.1% YoY Growth

Other Zip Codes in Towson, MD

Property Listings — Towson, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Towson, MD is 27. This is a increase of 58.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$360,000-14.0%
Listing Count
6917.0%
Listings as % of Homes0.2%17.0%
Days on Market
2758.0%
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Demographics — Towson, MD

As of the latest ACS Survey released in 2023, Towson, MD has a population of 21,800, which has increased by 6.3% over the past 5 years. Towson, MD is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 57.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,8006.3%
% Under 18
18.7%16.1%
% Seniors
21.7%5.3%
% WFH
18.2%160.0%
% w/ College Degree
57.4%-10.9%
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As of the latest ACS Survey released in 2023, Towson, MD is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Towson, MD is black, making up 15.3% of the population. Foreign-born residents account for 10.5% of the population in Towson, MD, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
69.3%-6.4%
% Black
15.3%22.4%
% Hispanic
7.7%60.4%
% Asian
3.6%-32.1%
% Foreign Born
10.5%4.0%
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Mortgage and Risk — Towson, MD

According to HUD data as of 2023, there were 370 mortgage originations in Towson, MD, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Towson, MD. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
370
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Towson, MD

As of 2024, the percent of homes in Towson, MD under the Section 8 program is 15.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Towson, MD, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
673
Total Units Section 8
585
% Rentals under Section 8
15.8%
% Occupied Section 8
87.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$170$1,450$1,620
2 Bedroom-$20$2,000$1,980
3 Bedroom$50$2,500$2,550
4 Bedroom-$650$3,500$2,850

Affordability — Towson, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$393,000
Median Household Income$93,100

Towson, MD — ZIP Code Boundary Map

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Frequently Asked Questions