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Baltimore City Wire

Monday, November 18, 2024

Home prices decreased in Towson (Baltimore city County) during the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Towson in Baltimore city County fell by $55,100 while total sales decreased by 12.5%, according to BlockShopper.com.

From July through September of 2020, there were seven homes sold, with a median sale price of $113,400 - a 32.7% decrease over the $168,500 median sale price for the same period of the previous year. There were eight homes sold in Towson in the third quarter of 2019.

The median sales tax in Towson for the most recent year with available data, 2018, was $2,728, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Towson to other Baltimore city County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Parkville24-50%$240,612.50$166,00044.9%
Towson78-12.5%$113,400$168,500-32.7%
Baltimore2,0853,262-36.1%$95,000$106,499.50-10.8%
Pikesville23-33.3%$80,750$93,000-13.2%
Dundalk419-78.9%$22,775$92,000-75.2%
Rosedale01-100%$0$68,500-100%
* This story only considers sales data for the part of Towson that is in Baltimore city County.

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