Owings Mills, MD is a great place to live, with a median housing value of $357,300. This is slightly higher than the US median house value of $338,100. The US 1 year house appreciation rate was 8.27%, while the 1 year appreciation rate in Owings Mills for housing was 7.77%. With these numbers it's clear that Owings Mills is an attractive area to invest in real estate. Furthermore, its close proximity to Baltimore and other nearby cities provides its residents with plenty of job opportunities and recreational activities to enjoy.
The median home cost in Owings Mills is $357,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Owings Mills is up 10.4%.
Average Age of Homes
- The median age of Owings Mills real estate is 23 years old
The Rental Market in Owings Mills
- Renters make up 52.0% of the Owings Mills population
- 3.3% of houses and apartments in Owings Mills, 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.