The Lutherville-Timonium housing market is very competitive. Homes in Lutherville-Timonium receive 5 offers on average and sell in around 28.5 days. The median sale price of a home in Lutherville-Timonium was $493K last month, up 11.9% since last year. The median sale price per square foot in Lutherville-Timonium is $235, up 13.0% since last year.
What is the housing market like in Lutherville-Timonium today?
In December 2024, Lutherville-Timonium home prices were up 11.9% compared to last year, selling for a median price of $493K. On average, homes in Lutherville-Timonium sell after 29 days on the market compared to 27 days last year. There were 105 homes sold in December this year, up from 65 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$492,500
+11.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Lutherville-Timonium, MD
$492,500
+11.9%
United States
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How hot is the Lutherville-Timonium housing market?
Lutherville-Timonium is very competitive. Homes sell in 27 days.
0
100
77
Very Competitive
Redfin Compete Score™
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 1% above list price and go pending in around 27 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
Learn about schools in the Lutherville-Timonium area
Elementary
Middle
High
GreatSchools Rating
10/10
Riderwood Elementary School
Public • K-5
405
Students
7 reviews
9/10
Pinewood Elementary School
Public • PreK-5
576
Students
23 reviews
9/10
Timonium Elementary School
Public • K-5
444
Students
10 reviews
7/10
Lutherville Laboratory
Public • K-5
338
Students
15 reviews
6/10
Pot Spring Elementary School
Public • PreK-5
446
Students
15 reviews
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lutherville-Timonium housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lutherville-Timonium.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lutherville-Timonium has a minor risk of flooding. 718 properties in Lutherville-Timonium are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Lutherville-Timonium. Flood risk is increasing slower than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lutherville-Timonium has a moderate risk of wildfire. There are 3,322 properties in Lutherville-Timonium that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in Lutherville-Timonium.
83% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lutherville-Timonium has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lutherville-Timonium is most at risk from hurricanes. 6,055 properties in Lutherville-Timonium have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.
58% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lutherville-Timonium has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 58% of homes in Lutherville-Timonium have a Major Heat Factor®.
Lutherville-Timonium is expected to see a 114% increase in the number of days over 105ºF over the next 30 years. Lutherville-Timonium is expected to experience 7