Timonium, MD is a great place to invest in real estate. The median value of housing in Timonium, MD is $452,200 which is significantly higher than the US median house value of $338,100. Additionally, the 1 year house appreciation rate for the US is 8.27% and Timonium has an even higher appreciation rate at 8.62%. This trend makes it clear that investing in housing in Timonium, MD can be a great way to gain financial returns for your investment.
The median home cost in Timonium is $452,200. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Timonium is up 10.6%.
Average Age of Homes
- The median age of Timonium real estate is 53 years old
The Rental Market in Timonium
- Renters make up 24.6% of the Timonium population
- 0.9% of houses and apartments in Timonium, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.