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North Baltimore Journal

Tuesday, November 19, 2024

Falling home prices in Towson (Baltimore city County) in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Towson in Baltimore city County fell by $39,450 while total sales increased by 28.6%, according to BlockShopper.com.

From July through December of 2019, there were 18 homes sold, with a median sale price of $151,500 - a 20.7% decrease over the $190,950 median sale price for the same period of the previous year. There were 14 homes sold in Towson in the second half of 2018.

The median sales tax in Towson for the most recent year with available data, 2018, was $2,728, approximately 1.8% of the median home sale price for the second half of 2019.

The following table compares Towson to other Baltimore city County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Towson181428.6%$151,500$190,950-20.7%
Parkville10742.9%$151,400$232,534-34.9%
Dundalk352352.2%$92,000$106,500-13.6%
Baltimore7,5394,17180.7%$90,000$115,000-21.7%
Pikesville614-57.1%$89,500$82,3008.7%
Rosedale7540%$84,360$115,900-27.2%
* This story only considers sales data for the part of Towson that is in Baltimore city County.

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