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Featured local agent — Owings Mills, MD
Sarah Mitchell
Compass Real Estate · Owings Mills, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Owings Mills, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$367,000median sale price
How is the Owings Mills, MD housing market right now?
The median home sale price in Owings Mills, MD is $367,000, up 0.7% year-over-year. Homes sell in an average of 34 days with 61 active listings. The market is currently a 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 Owings Mills a buyer's or seller's market?
Owings Mills, MD is currently a seller's market, based on 3.8 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
34
Average pace
Active listings
61
3.8 months supply
Sale-to-list
101.1%
Above asking
What does the Owings Mills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $367,000 |
| Median list price | $359,500 |
| Year-over-year price change | +0.7% |
| Average days on market | 34 days |
| Active inventory | 61 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $213/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 40 |
| Listings with a price cut | 19.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Owings Mills by property type?
How the Owings Mills, 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 | $410,000 | $225/sq ft | 5 | 24 days |
| Condo / Co-op | $237,500 | $192/sq ft | 6 | 60 days |
| Townhouse | $400,000 | $239/sq ft | 5 | 21 days |
Source: Redfin · Updated monthly
The Owings Mills housing market is currently classified as a seller's market with a median sale price of $367,000. Prices have risen 0.7% compared to last year, with homes spending an average of 34 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Owings Mills
There are currently 61 homes listed for sale in Owings Mills, Maryland. The median listing price is $360K.
Active listings
61
Homes on market
Median list price
$360K
Avg. days on market
34
Days until sale
New this week
40
Newly listed
Who lives in Owings Mills?
Population
35,626
Median income
$94,046/yr
Median age
33.5 years
Owner-occupied
45.4%
College grads
43.5%
Avg commute
31.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Owings Mills?
Zillow home value
$405,209
Zillow rent index
$1,871/mo
Price-to-rent ratio
18.1x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Owings Mills?
Owings Mills is a community of approximately 36K residents with a median age of 33.5 years.The median household income is $94,046, which reflects a relatively affluent area with strong earning potential. 43.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 45.4%, showing a blend of owner and renter-occupied properties. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Owings Mills offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Owings Mills?
7 schools tracked · 5,659 students
The largest public schools serving Owings Mills, 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.
New Town High
Grades 9-12 · 1,361 students
Owings Mills High
Grades 9-12 · 1,169 students
New Town Elementary
Grades PK-5 · 782 students
Owings Mills Elementary
Grades PK-5 · 722 students
Lyons Mill Elementary
Grades PK-5 · 645 students
Timber Grove Elementary
Grades PK-5 · 580 students
Deer Park Elementary
Grades PK-5 · 400 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 Mills, MD?
Want a head-to-head view? Compare Owings Mills side-by-side with any other U.S. city using our market-comparison tool.
Is Owings Mills a good real estate investment market?
For investors evaluating Owings Mills, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Owings Mills's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Owings Mills's median home price.
Frequently asked questions
What is the average home price in Owings Mills?
The median home sale price in Owings Mills is $367,000, up 0.7% from last year.
How long do homes stay on market in Owings Mills?
Homes typically spend 34 days on market before going under contract.
What is the median income in Owings Mills?
The median household income is $94,046 per year.
Is Owings Mills a buyer's or seller's market?
With 3.8 months of supply, Owings Mills is currently a seller's market.
What is the Zillow home value estimate for Owings Mills?
The Zillow Home Value Index (ZHVI) for Owings Mills is $405,209, representing the typical home value in the area.
What is the median condo price in Owings Mills?
The median condo/co-op sale price in Owings Mills, MD is $237,500, compared to $410,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Owings Mills?
The median single-family home price in Owings Mills, MD is $410,000 (about $225 per square foot).
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