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 2% above list price and go pending in around 31 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 2% below list price and go pending in around 42 days.
- Hot homescan sell for about 1% above list price and go pending in around 20 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
- $575,000 Last Sold Price4 beds2.5 baths1,472 sq ft102 Yorkleigh Rd, Towson, MD 21204(410) 823-0033List Price$509,000Sale to List13% over listDays on Market37 days102 Yorkleigh Rd, Towson, MD 21204
- $565,000 Last Sold Price3 beds3.5 baths2,536 sq ft6103 Buckingham Manor Dr, Baltimore, MD 21210(443) 708-7074List Price$560,000Sale to List1% over listDays on Market34 days6103 Buckingham Manor Dr, Baltimore, MD 21210
- $870,000 Last Sold Price5 beds3.5 baths3,851 sq ft548 Hampton Ln, Towson, MD 21286(443) 317-8125List Price$880,000Sale to List1% under listDays on Market102 days548 Hampton Ln, Towson, MD 21286
- $955,559 Last Sold Price3 beds3.5 baths3,080 sq ft1306 Carrollton Ave, Towson, MD 21204(410) 886-7342List Price$875,000Sale to List9% over listDays on Market21 days1306 Carrollton Ave, Towson, MD 21204
- $150,000 Last Sold Price1 bed1 bath831 sq ft28 Allegheny Ave #1810, Towson, MD 21204(410) 803-0714 Redfin CorpList Price$150,000Sale to List0% over listDays on Market33 days28 Allegheny Ave #1810, Towson, MD 21204
- $923,500 Last Sold Price5 beds3.5 baths3,224 sq ft538 Park Ave, Towson, MD 21204(410) 823-0033List Price$899,000Sale to List3% over listDays on Market15 days538 Park Ave, Towson, MD 21204
- $515,000 Last Sold Price3 beds3.5 baths1,854 sq ft200 E Pennsylvania Ave, Towson, MD 21286(410) 583-0400List Price$539,900Sale to List5% under listDays on Market56 days200 E Pennsylvania Ave, Towson, MD 21286
- $426,000 Last Sold Price4 beds1.5 baths1,320 sq ft316 Dunkirk Rd, Baltimore, MD 21212(410) 465-4440List Price$415,000Sale to List3% over listDays on Market29 days316 Dunkirk Rd, Baltimore, MD 21212
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.
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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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