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.
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 19 days.
- Hot homescan sell for about 5% 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
- $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
- $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
- $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
- $553,000 Last Sold Price4 beds4 baths2,142 sq ft407 Woodbine Ave, Towson, MD 21204(410) 583-0400List Price$479,900Sale to List15% over listDays on Market53 days407 Woodbine Ave, Towson, MD 21204
- $247,000 Last Sold Price3 beds1.5 baths1,580 sq ft1578 Putty Hill Ave, Towson, MD 21286(410) 871-4300List Price$247,000Sale to List0% over listDays on Market34 days1578 Putty Hill Ave, Towson, MD 21286
- $250,000 Last Sold Price1 bed1.5 baths1,218 sq ft3 Southerly Ct #605, Towson, MD 21286(301) 650-4400List Price$235,000Sale to List6% over listDays on Market18 days3 Southerly Ct #605, Towson, MD 21286
- $1,590,000 Last Sold Price6 beds6.5 baths5,426 sq ft704 Abell Ridge Cir, Towson, MD 21204(443) 901-2200 Redfin CorpList Price$1,400,000Sale to List14% over listDays on Market55 days704 Abell Ridge Cir, Towson, MD 21204
- $742,000 Last Sold Price3 beds2 baths2,316 sq ft1300 Walnut Hill Ln, Towson, MD 21204(410) 828-4838List Price$450,000Sale to List65% over listDays on Market68 days1300 Walnut Hill Ln, Towson, MD 21204
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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