Baltimore County, Maryland Housing Market Prices
Baltimore County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 22% above the Maryland median$326,717
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Median rent 5% below the Maryland median$1,627
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Baltimore County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $326,717 | $267,101 | $248,835 |
| Price Trend (Annual %) | 4.8% | 3.4% | 7.5% |
| Median Gross Rent | $1,627 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Baltimore County is about 22% higher than in Maryland. Rent is about 5% lower than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Baltimore County, up about 4.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Baltimore County rose about 39.9% between 2015 and 2024, from $1,163 to $1,627. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Baltimore County.
Buying the median-priced home in Baltimore County costs roughly 16.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Baltimore County. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Baltimore County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $326,717 | $267,101 | $248,835 |
| Median Household Income | $92,513 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.5 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Baltimore County rose about 50.9%, while median household income rose about 42.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Baltimore County | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.0% | 62.4% | 58.5% |
| Rental Rate | 31.9% | 29.9% | 31.2% |
| Vacancy Rate | 5.1% | 7.7% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Baltimore County has a homeownership rate of 63.0%, higher than the Maryland average of 62.4%. Its housing vacancy rate is 5.1%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Baltimore County | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1969 | 1977 | 1978 |
| Median Number of Rooms | 6.3 | 6.2 | 5.5 |
The typical housing unit in Baltimore County was built around 1969. On average, 2.5 people live in a home with about 6.3 rooms, staying for about 15.0 years on average.
Baltimore County, MD Housing Compared With Nearby Counties
Baltimore County, MD is the largest of the 5 counties compared here, 850,783 residents against a local median of 300,025. The measure that sets Baltimore County, MD apart most is median home price: $326,717, 23% below the local median of $425,348.
The counties themselves spread $96,146 on median home price, so Baltimore County, MD sits at one end of an already wide local range rather than apart from it. Baltimore County, MD has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Baltimore County, MD | 850,783 | $326,717 #5/5 | $1,627 #3/5 | 66.4% #5/5 |
| Harford County, MD | 263,722 | $406,848 | $1,585 | 79.7% |
| Howard County, MD | 336,328 | $444,355 | $2,099 | 71.5% |
| Carroll County, MD | 175,325 | $443,848 | $1,426 | 84.3% |
| Anne Arundel County, MD | 597,957 | $348,208 | $2,071 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Baltimore County, Maryland.
What is the median home price in Baltimore County, Maryland?
The median home price in Baltimore County, Maryland is $326,717, higher than the Maryland average of $267,101.
What is the average home price in Baltimore County, Maryland?
The typical home price in Baltimore County, Maryland, reported as the median sale price, is $326,717. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Baltimore County, Maryland?
The median gross rent in Baltimore County, Maryland is $1,627 per month, lower than the Maryland average of $1,704.
What was the median gross rent in Baltimore County in 2020?
In 2020, the median gross rent in Baltimore County, Maryland was $1,328 per month.
What is the price-to-rent ratio in Baltimore County, Maryland?
The price-to-rent ratio in Baltimore County, Maryland is about 16.7, meaning it would take roughly 16.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Baltimore County.
Are home prices or rent rising faster in Baltimore County, Maryland?
Both home prices and rent are rising in Baltimore County, up about 4.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Baltimore County, Maryland?
63.0% of households in Baltimore County, Maryland own their home, higher than the Maryland average of 62.4%.
What is the vacancy rate in Baltimore County, Maryland?
The housing vacancy rate in Baltimore County, Maryland is 5.1%, lower than the Maryland average of 7.7%.
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