Fallston, MD—21047
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fallston, MD
As of Nov '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 | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $499,000 | 2.9% |
4 Bed | $618,000 | 2.1% |
| 5 Bed | $736,668 | 1.8% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Fallston, MD
As of Nov '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 | $650,000 | 10.0% |
Listing Count | 32 | -7.0% |
| Listings as % of Homes | 0.5% | -7.0% |
Days on Market | 32 | 13.0% |
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% |
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% |
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% |
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 |
Affordability — Fallston, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $554,000 |
| Median Household Income | $155,000 |