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Featured local agent — Owings, MD
Sarah Mitchell
Compass Real Estate · Owings, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Owings, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$550,000median sale price
How is the Owings, MD housing market right now?
The median home sale price in Owings, MD is $550,000, down 17.9% year-over-year. Homes sell in an average of 29 days with 10 active listings. The market is currently a buyer'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 Owings a buyer's or seller's market?
Owings, MD is currently a buyer's market, based on 10.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
29
Average pace
Active listings
10
10.0 months supply
Sale-to-list
100.0%
Above asking
What does the Owings housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $550,000 |
| Median list price | $599,000 |
| Year-over-year price change | -17.9% |
| Average days on market | 29 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 30.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Owings by property type?
How the Owings, 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 | $550,000 | $209/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The Owings housing market is currently classified as a buyer's market with a median sale price of $550,000. Prices have fallen 17.9% compared to last year, with homes spending an average of 29 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Owings
There are currently 10 homes listed for sale in Owings, Maryland. The median listing price is $599K.
Active listings
10
Homes on market
Median list price
$599K
Avg. days on market
29
Days until sale
New this week
5
Newly listed
Who lives in Owings?
Population
2,475
Median income
$171,194/yr
Median age
48.2 years
Owner-occupied
93.9%
College grads
43.4%
Avg commute
32.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Owings?
Zillow home value
$628,130
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Owings?
Owings is a community of approximately 2K residents with a median age of 48.2 years.The median household income is $171,194, which reflects a relatively affluent area with strong earning potential. 43.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Owings offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Owings?
5 schools tracked · 4,174 students
The largest public schools serving Owings, 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.
Northern High
Grades 9-12 · 1,511 students
Windy Hill Middle
Grades 6-8 · 721 students
Northern Middle
Grades 6-8 · 682 students
Mount Harmony Elementary
Grades PK-5 · 644 students
Windy Hill Elementary
Grades PK-5 · 616 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 Owings, MD?
Want a head-to-head view? Compare Owings side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Owings?
The median home sale price in Owings is $550,000, down 17.9% from last year.
How long do homes stay on market in Owings?
Homes typically spend 29 days on market before going under contract.
What is the median income in Owings?
The median household income is $171,194 per year.
Is Owings a buyer's or seller's market?
With 10.0 months of supply, Owings is currently a buyer's market.
What is the Zillow home value estimate for Owings?
The Zillow Home Value Index (ZHVI) for Owings is $628,130, representing the typical home value in the area.
How much does a single-family home cost in Owings?
The median single-family home price in Owings, MD is $550,000 (about $209 per square foot).
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