Towson, MD Housing Market
The Towson housing market is very competitive. Homes in Towson receive 1 offers on average and sell in around 31 days. The median sale price of a home in Towson was $466K last month, down 6.7% since last year. The median sale price per square foot in Towson is $262, up 6.5% since last year.
Towson Housing Market Trends
In March 2024, Towson home prices were down 6.7% compared to last year, selling for a median price of $466K. On average, homes in Towson sell after 31 days on the market compared to 22 days last year. There were 38 homes sold in March this year, down from 46 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Towson housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 26 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 34 days.
- Hot homescan sell for about 3% above list price and go pending in around 11 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 43 days.
- Hot homescan sell for about 1% above list price and go pending in around 16 days.
Towson Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Towson from outside metros.
- New York homebuyers searched to move into Towson more than any other metro followed by Atlanta and Hartford.
- 81% of Towson homebuyers searched to stay within the Towson metropolitan area.
- Salisbury was the most popular destination among Towson homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Towson
Recent offers
View houses in Towson that sold recently
Recently sold homes
- $865,000 Last Sold Price4 beds3.5 baths2,308 sq ft6 Dixie Dr, Towson, MD 21204(410) 823-0033List Price$774,900Sale to List12% over listDays on Market29 days6 Dixie Dr, Towson, MD 21204
- $250,000 Last Sold Price2 beds2 baths1,526 sq ft2 Southerly Ct #401, Towson, MD 21286(410) 886-7342List Price$255,000Sale to List2% under listDays on Market34 days2 Southerly Ct #401, Towson, MD 21286
- $275,585 Last Sold Price3 beds2 baths1,376 sq ft617 Fairway Dr, Towson, MD 21286(410) 814-2400List Price$320,000Sale to List14% under listDays on Market14 days617 Fairway Dr, Towson, MD 21286
- $799,900 Last Sold Price4 beds3 baths4,692 sq ft1103 Gypsy Ln W, Towson, MD 21286(443) 274-1900List Price$799,900Sale to List0% over listDays on Market68 days1103 Gypsy Ln W, Towson, MD 21286
- $640,000 Last Sold Price4 beds3.5 baths3,195 sq ft6004 Hunt Club Ln, Baltimore, MD 21210(410) 453-0500List Price$655,000Sale to List2% under listDays on Market60 days6004 Hunt Club Ln, Baltimore, MD 21210
- $410,000 Last Sold Price2 beds3.5 baths1,920 sq ft7 Goucher Woods Ct, Towson, MD 21286(410) 453-0500List Price$400,000Sale to List2% over listDays on Market26 days7 Goucher Woods Ct, Towson, MD 21286
- $530,000 Last Sold Price3 beds3 baths2,024 sq ft812 Stevenson Ln, Towson, MD 21286(410) 823-0033List Price$525,000Sale to List1% over listDays on Market41 days812 Stevenson Ln, Towson, MD 21286
- $2,100,000 Last Sold Price4 beds4.5 baths4,503 sq ft7906 Sherwood Ave, Towson, MD 21204(443) 708-7074List Price$2,175,000Sale to List3% under listDays on Market52 days7906 Sherwood Ave, Towson, MD 21204
See all recently sold homes in Towson.
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Schools in Towson
- Elementary
- Middle
- High
GreatSchools Rating
10/10 West Towson Elementary School Public • K-5 | 474 Students | 7 reviews |
10/10 Riderwood Elementary School Public • K-5 | 405 Students | 7 reviews |
9/10 Rodgers Forge Elementary School Public • K-5 | 446 Students | 5 reviews |
6/10 Stoneleigh Elementary School Public • K-5 | 797 Students | 10 reviews |
6/10 Cromwell Valley Elementary Technology Public • PreK-5 | 364 Students | 18 reviews |
Climate's impact on Towson housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Towson.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Towson
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Transit Score®
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