From April through June of 2018, there were seven homes sold, with a median sale price of $177,000 - a 5.5% increase over the $167,750 median sale price for the same period of the previous year. There were eight homes sold in Towson in the second 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 1.5%.
The following table compares Towson to other Baltimore city County cities in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Towson | 7 | 8 | -12.5% | $177,000 | $167,750 | 5.5% |
| Parkville | 5 | 6 | -16.7% | $165,000 | $129,875 | 27% |
| Baltimore | 2,457 | 2,957 | -16.9% | $115,000 | $108,300 | 6.2% |
| Pikesville | 5 | 2 | 150% | $87,800 | $62,732.50 | 40% |
| Dundalk | 11 | 13 | -15.4% | $71,333 | $63,000 | 13.2% |
| Rosedale | 1 | 5 | -80% | $50,000 | $91,145 | -45.1% |
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