Zip 21117 (Owings Mills, MD) Housing

The housing market in Owings Mills, MD 21117 is slightly below the median value for the US as a whole, at $355,000 versus a median of $338,100. Although the US has seen higher appreciation than Owings Mills of 8.27% versus 7.76%, both markets are seeing positive growth and present an opportunity for strong returns on investment. The local market is affordable and offers potential buyers good value even with the slightly lower appreciation rate.

The median home cost in Owings Mills (zip 21117) is $355,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Owings Mills (zip 21117) is up 10.4%.

Average Age of Homes

- The median age of Owings Mills (zip 21117) real estate is 25 years old

The Rental Market in Owings Mills (zip 21117)

- Renters make up 42.1% of the Owings Mills (zip 21117) population
- 3.1% of houses and apartments in Owings Mills (zip 21117), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Owings Mills, Maryland	United States
	24,668.0	139,647,020.0
	28	42
	$355,000	$338,100
	10.4%	16.6%
	36.2%	57.0%
	51.9%	101.1%
	$12.01	$10.98
	$3,777	$2,690
	52.3%	57.4%
	6.2%	11.2%
	41.5%	31.4%
Vacant Housing
	3.1%	1.9%
	0.9%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	0.6%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.2%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	3.3%	11.3%
	11.6%	13.0%
	30.5%	20.1%
	20.4%	13.6%
	14.1%	8.3%
	12.4%	9.7%
	3.3%	3.9%
	1.6%	2.2%
	0.6%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.3%	13.6%
	19.3%	13.6%
	31.7%	13.6%
	14.5%	13.2%
	11.5%	14.8%
	31.7%	13.6%
	5.2%	10.0%
	1.6%	4.7%
	3.6%	12.2%

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