Real Estate Market Update for 21117 (Owings Mills, MD)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 22% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 18%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 230-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 8% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for 21117 (Owings Mills, MD)
Area Information for 21117 (Owings Mills, MD)
  • Population: 56,578
  • Median Age: 36.59 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,739/sq mi
  • Population Change Since 2000: 35.66%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Itt Technical Institute
  • Closest Jr. College: Baltimore City Community College
  • Median Household Income: $76,824
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $214,950
  • Closest Major Sports Team: Baltimore Orioles
  • Change Avg. Household Income Since 2000: 20.3%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 21117 (Owings Mills, MD)
Median Age: 36.59 Married: 38% Number of Households: 23,022 Households with Children: 7,636
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 School Rating Parent Rating
      Torah Institute 0.5 mi Private PRESCHOOL-8 0 0
      Owings Mills Elementary School 0.6 mi Public PRESCHOOL-5 2 0
      St Thomas Parish Day School 0.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Owings Mills High School 0.9 mi Public 9-12 2 4
      The Shafer Center For Early Intervention 1.1 mi Private PRESCHOOL-5 0 0
      Garrison Forest School 1.4 mi Private PRESCHOOL-12 0 0
      Jewish Community Center Ece Dept 1.5 mi Private PRESCHOOL-K 0 0
      Timber Grove Elementary School 1.5 mi Public PRESCHOOL-5 3 0
      Harbour School At Baltimore 1.7 mi Private 1-UNGRADE 0 0
      Christ The King Academy 1.8 mi Private K-4 0 0
      A Small World 2.2 mi Private PRESCHOOL-K 0 0
      Mcdonogh School 2.4 mi Private K-12 0 0
      New Town Elementary School 2.4 mi Public K-5 3 0
      Jemicy School 2.5 mi Private 1-12 0 0
      New Town High School 2.5 mi Public 9-12 3 3
      Bais Yaakov School For Girls 2.7 mi Private PRESCHOOL-5 0 0
      Faith Christian Fellowship Academy 3.0 mi Private PRESCHOOL-5 0 0
      Deer Park Elementary School 3.2 mi Public PRESCHOOL-5 2 0
      Liberty Christian School 5.6 mi Private K-8 0 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 21117 (Owings Mills, MD)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.