Housing Insights for ZIP Code 21286 (Towson, MD)

Housing Summary for ZIP Code 21286

Homeowners

The median home value in ZIP Code 21286 (Towson, MD) is $356,200. Approximately 61.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.5%.

The average occupancy of owner-occupied units in ZIP Code 21286 is 2.40 occupants, while owner-occupied units have an aggregate average size of 2.69 bedrooms per housing unit.

Renters

In the 21286 ZIP Code, an estimated 38.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.7%.

Among renter-occupied units in this ZIP, the average occupancy is 1.89 occupants, while renters in this Baltimore County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21286

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21286.

ZIP 21286 Maryland U.S.
Median Home Value $356,200 $433,655 $364,385
Owner-Occupied Housing Units 61.2% 66.9% 64.0%
Homeowner Vacancy Rate 2.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.40 2.75 2.70
Average # of Bedrooms Per Unit 2.69 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 38.8% 33.1% 36.0%
Rental Vacancy Rate 7.7% 6.0% 6.0%
Average Size of Renter-Occupied Unit 1.89 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21286 (Towson, MD)

The median home value in ZIP Code 21286 is $356,200. That median value is about 13% higher than the median home value of $314,800 in Maryland overall, and is 64% higher than the $217,500 the median home value in the entire U.S. An estimated 39.4% of homes in ZIP Code 21286 are valued $300,000 to $499,999. That is 20% higher than in Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 104% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 21286 homes fall into is less than $50,000 (0.1% of homes).

Home Values in ZIP Code 21286

This chart visualizes the breakdown of home values in ZIP Code 21286, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21286 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21286

See the table below for a regional comparison of home values in ZIP Code 21286.

Home Value ZIP 21286 Maryland U.S.
Less than $50,000 0.1% 2.7% 6.9%
$50,000 to $99,999 0.9% 3.7% 12.0%
$100,000 to $149,999 3.4% 6.3% 13.3%
$150,000 to $199,999 6.6% 9.9% 14.0%
$200,000 to $299,999 26.9% 24.4% 19.6%
$300,000 to $499,999 39.4% 32.8% 19.3%
$500,000 to $999,999 21.7% 17.1% 11.4%
$1,000,000 or more 1.0% 3.1% 3.4%

Home Ages in ZIP Code 21286 (Towson, MD)

Approximately 32.2% of homes in this Towson, MD region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 21286 is about 182% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 213% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 17.5% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.7% of homes in this Baltimore County ZIP Code were built in 2014 or later in ZIP Code 21286. In comparison, 2.3% of homes in Maryland overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21286

A detailed regional comparison of home ages in ZIP Code 21286.

Year Built ZIP 21286 Maryland U.S.
2014 or later 0.7% 2.3% 2.5%
2010 to 2013 1.4% 2.6% 2.7%
2000 to 2009 1.9% 11.4% 14.0%
1990 to 1999 4.8% 14.3% 13.9%
1980 to 1989 8.8% 15.3% 13.4%
1970 to 1979 17.5% 14.1% 15.2%
1960 to 1969 15.8% 11.5% 10.6%
1950 to 1959 32.2% 11.4% 10.3%
1940 to 1949 9.8% 5.2% 4.9%
1939 or earlier 7.2% 11.8% 12.6%

Age of Homes in ZIP Code 21286

See the chart below for details on the age of homes in ZIP Code 21286, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 21286

Frequently asked questions about housing in this Towson, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21286.

1

What is the average home value ZIP Code 21286?

The median home value in ZIP Code 21286 (Towson, MD) is $356,200.
2

Are homes expensive in ZIP Code 21286?

The median home value in 21286 ($356,200) is an estimated 13% higher than the aggregate median value of $314,800 in Maryland, and is 64% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21286?

The vacacy rate for owner-occupied housing in ZIP Code 21286 is 2.5%. This rate is 47% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21286 vacancy rate is 56% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21286 have older homes or newer construction?

In ZIP Code 21286, about 32.2% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 17.5% of homes in the region were built in 1970 to 1979. In contrast, 0.7% of homes in 21286 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 21286? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21286 than renter-occupied housing. Owner-occupied units make up 61.2% of housing, compared to 38.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21286?

The vacacy rate for rental units in ZIP Code 21286 is 7.7%. This rate is 28% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 21286 vacancy rate is 28% higher than the entire U.S. vacancy rate of 6.0%.