From July through September of 2018, there were six homes sold, with a median sale price of $237,625 - a 9.9% decrease over the $263,725 median sale price for the same period of the previous year. There were two homes sold in Towson in the third quarter of 2017.
The median sales tax in Towson for 2018 was $2,728. In 2017, the median sales tax was $2,728, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.
The following table compares Towson to other Baltimore city County cities in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Towson | 6 | 2 | 200% | $237,625 | $263,725 | -9.9% |
| Baltimore | 2,248 | 1,403 | 60.2% | $129,900 | $119,227 | 9% |
| Dundalk | 12 | 3 | 300% | $124,950 | $131,400 | -4.9% |
| Parkville | 5 | 3 | 66.7% | $115,000 | $174,900 | -34.2% |
| Pikesville | 8 | 4 | 100% | $85,000 | $93,250 | -8.8% |
| Rosedale | 2 | 0 | - | $55,000 | $0 | - |
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