Real Estate Market Update for 21117 (Owings Mills, MD)
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 4% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 23% year-over-year, and increased 26% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 21117 (Owings Mills, MD)
Area Information for 21117 (Owings Mills, MD)
  • Population: 52,922
  • Median Age: 33.87 yr
  • Median Commute Time: 28.49 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 1,627/sq mi
  • Population Change Since 2000: 31.22%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Itt Technical Institute
  • Closest Jr. College: Baltimore City Community College
  • Median Household Income: $73,647
  • Annual Residential Turnover: 23.31%
  • Median Years in Residence: 2.97 yr
  • Median Home Sales Price: $220,900
  • Closest Major Sports Team: Orioles
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 21117 (Owings Mills, MD)
Median Age: 33.87 Married: 35% Number of Households: 21,492 Households with Children: 7,443
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 21117 (Owings Mills, MD)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Torah Institute 0.5 mi Private PRESCHOOL-8 0 5
      Owings Mills Elementary School 0.5 mi Public PRESCHOOL-5 3-5 4
      St Thomas Parish Day School 0.8 mi Private PRESCHOOL-K 0 0
      Owings Mills High School 0.9 mi Public 9-12 3 4
      Garrison Forest School 1.4 mi Private PRESCHOOL-12 0 5
      Jewish Community Center Ece Dept 1.5 mi Private PRESCHOOL-K 0 0
      Timber Grove Elementary School 1.6 mi Public PRESCHOOL-5 2-5 4
      Christ The King Academy 1.8 mi Private K-4 0 0
      Harbour School At Baltimore 1.8 mi Private UNGRADE-UNGRADE 0 4
      A Small World 2.2 mi Private PRESCHOOL-K 0 4
      Mcdonogh School 2.3 mi Private K-12 0 5
      Jemicy School 2.5 mi Private 1-12 0 4
      New Town Elementary School 2.5 mi Public K-5 4-5 4
      New Town High School 2.6 mi Public 9-12 3-5 3
      Bais Yaakov School For Girls 2.7 mi Private PRESCHOOL-8 0 5
      Faith Christian Fellowship Academy 3.0 mi Private PRESCHOOL-8 0 1
      Deer Park Elementary School 3.2 mi Public PRESCHOOL-5 3 4
      Liberty Christian School 5.5 mi Private K-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 21117 (Owings Mills, MD)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.