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Baltimore, Towson Metro Area Housing

 

As of 2010-2014, median price of a house in Baltimore, Towson Area is $277,600, which is about the same as the state average of $287,500 and is higher than the national average of $175,700. The median year that a house in Baltimore, Towson Area was built is 1972, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 686,405 Owner Occupied Houses in Baltimore, Towson Area, #35
Baltimore, Towson Area
277,600 USD
Maryland
287,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Baltimore, Towson Area
-6.31%
Maryland
96.92%
U.S.
46.91%

*The Baltimore, Towson Area median house price growth rate is since 2005-2009. The Maryland and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Baltimore, Towson AreaMarylandU.S.
Total Housing Units1,140,939, see rank, 100%2,399,375132,741,033
Occupied Housing Units1,032,863, 90.53%, see rank89.86%87.55%
Owner Occupied686,405, 60.16%, see rank60.26%56.34%
Renter Occupied346,458, 30.37%, see rank29.60%31.21%
Vacant Housing Units108,076, 9.47%, see rank10.14%12.45%
For Rent24,262, 2.13%, see rank2.24%2.34%
For Sale Only14,015, 1.23%, see rank1.11%1.20%
Rented or Sold, Not Occupied7,479, 0.66%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use8,522, 0.75%, see rank2.35%3.97%
For Migrant Workers101, 0.01%, see rank0.03%0.03%
Other Vacant53,697, 4.71%, see rank3.76%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #567
Baltimore, Towson AreaMarylandU.S.
197219751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Baltimore, Towson Area%MarylandU.S.
Owner-Occupied Units686,405100%1,445,88074,787,460
With a Mortgage506,24473.75%, see rank75.17%65.58%
Without a Mortgage180,16126.25%, see rank24.83%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Baltimore, Towson Area
1,905 USD
Maryland
1,999 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBaltimore, Towson Area%MarylandU.S.
$299 or Less5720.11%, see rank0.12%0.20%
$300 to $4994,0370.80%, see rank0.75%1.59%
$500 to $69911,3012.23%, see rank1.94%5.01%
$700 to $99934,7586.87%, see rank5.73%14.32%
$1,000 to $1,499104,20720.58%, see rank18.28%27.90%
$1,500 to $1,999119,96323.70%, see rank23.23%20.35%
$2,000 to $2,999150,11329.65%, see rank31.23%19.52%
$3,000 or More81,29316.06%, see rank18.71%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Baltimore, Towson Area
23.60% of the Total Income
Maryland
24.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Baltimore, Towson Area%MarylandU.S.
10% or Less30,5086.03%, see rank5.74%5.86%
10% to 20%159,14031.44%, see rank30.56%31.95%
20% to 30%149,56729.54%, see rank29.32%27.64%
30% to 40%69,69313.77%, see rank14.45%13.74%
40% or More95,17618.80%, see rank19.55%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Baltimore, Towson Area
565 USD
Maryland
583 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBaltimore, Towson Area%MarylandU.S.
$199 or Less4,7242.62%, see rank2.62%7.76%
$200 to $2999,6345.35%, see rank5.55%14.70%
$300 to $49956,14731.16%, see rank28.64%34.63%
$500 to $69954,06030.01%, see rank29.57%21.16%
$700 or More55,59630.86%, see rank33.62%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Baltimore, Towson Area
12.20% of the Total Income
Maryland
12.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Baltimore, Towson Area%MarylandU.S.
10% or Less74,28841.23%, see rank41.59%40.19%
10% to 20%54,78130.41%, see rank30.55%31.47%
20% to 30%20,74011.51%, see rank11.67%12.24%
30% to 40%10,6235.90%, see rank5.66%5.64%
40% or More17,7869.87%, see rank9.55%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Baltimore, Towson AreaMarylandU.S.
Total Housing Units1,140,939, 100%2,399,375132,741,033
1-unit, Detached518,606, 45.45%, see rank51.72%61.65%
1-unit, Attached329,991, 28.92%, see rank21.19%5.82%
2 Units24,251, 2.13%, see rank1.60%3.75%
3 or 4 Units29,844, 2.62%, see rank2.20%4.43%
5 to 9 Units55,858, 4.90%, see rank4.94%4.78%
10 or More Units169,371, 14.84%, see rank16.70%13.08%
Mobile Home, Boat, RV, Van, etc.13,018, 1.14%, see rank1.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Baltimore, Towson AreaMarylandU.S.
Total Housing Units1,140,939, 100%2,399,375132,741,033
1 Room13,823, 1.21%, see rank1.15%1.95%
2 Rooms15,727, 1.38%, see rank1.62%2.48%
3 Rooms78,385, 6.87%, see rank7.62%9.13%
4 Rooms138,897, 12.17%, see rank12.84%16.60%
5 Rooms172,621, 15.13%, see rank14.80%20.41%
6 Rooms218,204, 19.12%, see rank17.19%18.06%
7 Rooms172,345, 15.11%, see rank14.01%12.27%
8 Rooms125,068, 10.96%, see rank11.30%8.48%
9 Rooms or More205,869, 18.04%, see rank19.47%10.60%
Median Rooms6.20, see rank6.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Baltimore, Towson AreaMarylandU.S.
Total Housing Units1,140,939, 100%2,399,375132,741,033
No Bedroom15,687, 1.37%, see rank1.33%2.17%
1 Bedroom120,758, 10.58%, see rank10.34%11.16%
2 Bedrooms266,562, 23.36%, see rank22.38%26.69%
3 Bedrooms451,504, 39.57%, see rank37.63%39.70%
4 Bedrooms220,954, 19.37%, see rank21.12%16.05%
5 or More Bedrooms65,474, 5.74%, see rank7.20%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Baltimore, Towson AreaMarylandU.S.
Total Housing Units1,032,863, 100%2,155,983116,211,092
Utility Gas488,506, 47.30%, see rank44.54%48.85%
Bottled, Tank, or LP Gas24,598, 2.38%, see rank3.17%4.86%
Electricity388,053, 37.57%, see rank39.67%36.68%
Fuel Oil, Kerosene, etc.111,619, 10.81%, see rank10.31%5.86%
Coal or Coke589, 0.06%, see rank0.11%0.12%
Wood10,433, 1.01%, see rank1.37%2.12%
Solar Energy252, 0.02%, see rank0.03%0.05%
Other Fuel5,008, 0.48%, see rank0.45%0.47%
No Fuel Used3,805, 0.37%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalBaltimore, Towson AreaMarylandU.S.
Occupied Units Paying Rent333,479, 100%682,56639,201,928
$199 or Less6,853, 2.06%, see rank1.63%1.50%
$200 to $29911,594, 3.48%, see rank2.77%3.18%
$300 to $49914,836, 4.45%, see rank3.76%7.37%
$500 to $69919,429, 5.83%, see rank5.52%16.01%
$700 to $99972,893, 21.86%, see rank18.21%29.17%
$1,000 to $1,499124,073, 37.21%, see rank37.53%26.88%
$1,500 to $1,99956,706, 17.00%, see rank19.46%9.79%
$2,000 or More27,095, 8.12%, see rank11.13%6.10%
Median$1,141, see rank$1,218$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Baltimore, Towson AreaMarylandU.S.
Occupied Housing Units1,032,863, 100%2,155,983116,211,092
No Vehicles Available116,721, 11.30%, see rank9.39%9.12%
1 Vehicles Available341,348, 33.05%, see rank32.90%33.80%
2 Vehicles Available377,013, 36.50%, see rank36.77%37.48%
3 or More Vehicles Available197,781, 19.15%, see rank20.95%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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