Real Estate Market Update for 21220 (Middle River, MD)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 3% from one year earlier, and up 12% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 140-thousand dollars. The number of units sold increased 55% year-over-year, and increased 62% 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 21220 (Middle River, MD)
Area Information for 21220 (Middle River, MD)
  • Population: 39,202
  • Median Age: 36.13 yr
  • Median Commute Time: 28.66 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 1,819/sq mi
  • Population Change Since 2000: 7.83%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Morgan State University
  • Closest Jr. College: Community Clg Baltimore Co-essex Campus
  • Median Household Income: $58,170
  • Annual Residential Turnover: 15.8%
  • Median Years in Residence: 4 yr
  • Median Home Sales Price: $167,950
  • Closest Major Sports Team: Orioles
  • Change Avg. Household Income Since 2000: 38%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 21220 (Middle River, MD)
Median Age: 36.13 Married: 30% Number of Households: 15,201 Households with Children: 5,028
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 21220 (Middle River, MD)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Chase Elementary School 0.3 mi Public PRESCHOOL-5 3 5
      Crossroads Center 0.7 mi Public 6-10 0 3
      Seneca Elementary School 1.1 mi Public PRESCHOOL-5 3-5 5
      Martin Boulevard Elementary School 2.4 mi Public PRESCHOOL-5 2-5 4
      Hawthorne Elementary School 2.5 mi Public PRESCHOOL-5 1 4
      Glenmar Elementary School 2.7 mi Public PRESCHOOL-5 2-5 4
      Middle River Middle School 2.7 mi Public 6-8 2 3
      Evening High School 2.8 mi Public 9-12 1 0
      Afternoon Group Learning Centers 2.8 mi Public 6-8 0 0
      Baltimore County Home & Hospital 2.8 mi Public K-12 0 0
      Oliver Beach Elementary School 2.8 mi Public PRESCHOOL-5 3 5
      Victory Villa Elementary School 3.0 mi Public PRESCHOOL-5 3 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 21220 (Middle River, 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.