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Featured local agent — Lutherville, MD
Sarah Mitchell
Compass Real Estate · Lutherville, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lutherville, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$535,000median sale price
How is the Lutherville, MD housing market right now?
The median home sale price in Lutherville, MD is $535,000, up 11.0% year-over-year. Homes sell in an average of 14 days with 7 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lutherville a buyer's or seller's market?
Lutherville, MD is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
14
Fast-moving
Active listings
7
1.0 months supply
Sale-to-list
104.1%
Above asking
What does the Lutherville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $535,000 |
| Median list price | $469,950 |
| Year-over-year price change | +11.0% |
| Average days on market | 14 days |
| Active inventory | 7 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 104.1% |
| Median price per sq ft | $246/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 10 |
| Listings with a price cut | 28.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lutherville by property type?
How the Lutherville, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $535,000 | $246/sq ft | 7 | 14 days |
| Townhouse | $449,900 | $187/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Lutherville housing market is currently classified as a strong seller's market with a median sale price of $535,000. Prices have risen 11.0% compared to last year, with homes spending an average of 14 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lutherville
There are currently 7 homes listed for sale in Lutherville, Maryland. The median listing price is $470K.
Active listings
7
Homes on market
Median list price
$470K
Avg. days on market
14
Days until sale
New this week
10
Newly listed
Who lives in Lutherville?
Population
6,670
Median income
$119,214/yr
Median age
45.2 years
Owner-occupied
84.0%
College grads
67.6%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Lutherville?
Lutherville is a community of approximately 7K residents with a median age of 45.2 years.The median household income is $119,214, which reflects a relatively affluent area with strong earning potential. 67.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lutherville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lutherville?
3 schools tracked · 2,213 students
The largest public schools serving Lutherville, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ridgely Middle
Grades 6-8 · 1,074 students
Hampton Elementary
Grades K-5 · 734 students
Lutherville Laboratory
Grades K-5 · 405 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lutherville, MD?
Want a head-to-head view? Compare Lutherville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lutherville?
The median home sale price in Lutherville is $535,000, up 11.0% from last year.
How long do homes stay on market in Lutherville?
Homes typically spend 14 days on market before going under contract.
What is the median income in Lutherville?
The median household income is $119,214 per year.
Is Lutherville a buyer's or seller's market?
With 1.0 months of supply, Lutherville is currently a strong seller's market.
How much does a single-family home cost in Lutherville?
The median single-family home price in Lutherville, MD is $535,000 (about $246 per square foot).
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