From January through December of 2018, there were 22 homes sold, with a median sale price of $196,450 - a 47.4% increase over the $133,300 median sale price for the previous year. There were 18 homes sold in Towson in 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 1.4%.
The following table compares Towson to other Baltimore city County cities in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Towson | 22 | 18 | 22.2% | $196,450 | $133,300 | 47.4% |
| Parkville | 13 | 15 | -13.3% | $165,000 | $157,000 | 5.1% |
| Baltimore | 7,964 | 8,096 | -1.6% | $110,000 | $105,000 | 4.8% |
| Dundalk | 37 | 32 | 15.6% | $98,010 | $78,500 | 24.9% |
| Pikesville | 21 | 8 | 162.5% | $84,500 | $65,750 | 28.5% |
| Rosedale | 9 | 6 | 50% | $65,000 | $84,072.50 | -22.7% |
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