Towson, MD Housing Market
The Towson housing market is very competitive. Homes in Towson receive 2 offers on average and sell in around 11 days. The median sale price of a home in Towson was $515K last month, up 33.8% since last year. The median sale price per square foot in Towson is $235, down 4.3% since last year.
Towson Housing Market Trends
In April 2024, Towson home prices were up 33.8% compared to last year, selling for a median price of $515K. On average, homes in Towson sell after 11 days on the market compared to 17 days last year. There were 55 homes sold in April this year, up from 47 last year.
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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 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 6% 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 2% above list price and go pending in around 32 days.
- Hot homescan sell for about 3% above list price and go pending in around 10 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 around list price and go pending in around 28 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 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 Hartford and Philadelphia.
- 82% 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 | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
View houses in Towson that sold recently
Recently sold homes
- $402,500 Last Sold Price3 beds1.5 baths1,560 sq ft1013 Kenilworth Dr, Towson, MD 21204(410) 823-0033List Price$399,900Sale to List1% over listDays on Market36 days1013 Kenilworth Dr, Towson, MD 21204
- $260,000 Last Sold Price3 beds2 baths930 sq ft1664 Mussula Rd, Towson, MD 21286(443) 499-3839List Price$260,000Sale to List0% over listDays on Market34 days1664 Mussula Rd, Towson, MD 21286
- $505,000 Last Sold Price3 beds2.5 baths2,140 sq ft709 Regester Ave, Baltimore, MD 21212(410) 653-7700List Price$505,000Sale to List0% over listDays on Market57 days709 Regester Ave, Baltimore, MD 21212
- $275,000 Last Sold Price3 beds2 baths1,880 sq ft1014 Overbrook Rd, Idlewylde, MD 21239(844) 552-7444List Price$275,000Sale to List0% over listDays on Market-1 days1014 Overbrook Rd, Idlewylde, MD 21239
- $865,000 Last Sold Price4 beds4.5 baths4,457 sq ft1 Buckley Ct, Towson, MD 21286(410) 321-8800List Price$819,000Sale to List6% over listDays on Market22 days1 Buckley Ct, Towson, MD 21286
- $620,000 Last Sold Price3 beds2.5 baths2,322 sq ft745 Weatherbee Rd, Towson, MD 21286(410) 823-2323List Price$549,000Sale to List13% over listDays on Market29 days745 Weatherbee Rd, Towson, MD 21286
- $565,000 Last Sold Price4 beds3 baths2,925 sq ft1118 Ryegate Rd, Towson, MD 21286(410) 823-0033List Price$569,900Sale to List1% under listDays on Market47 days1118 Ryegate Rd, Towson, MD 21286
- $530,000 Last Sold Price4 beds2.5 baths2,350 sq ft108 Willow Ave, Towson, MD 21286(410) 823-0033List Price$530,000Sale to List0% over listDays on Market34 days108 Willow Ave, Towson, MD 21286
See all recently sold homes in Towson.
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Schools in Towson
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Riderwood Elementary School Public • K-5 | 405 Students | 7 reviews |
9/10 West Towson Elementary School Public • K-5 | 435 Students | 7 reviews |
9/10 Rodgers Forge Elementary School Public • K-5 | 392 Students | 5 reviews |
8/10 Cromwell Valley Elementary Technology Public • PreK-5 | 367 Students | 18 reviews |
6/10 Hampton Elementary School Public • PreK-5 | 645 Students | 15 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.
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Fire Factor - Moderate
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Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Towson
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