Catonsville, Maryland Housing Market Prices
Catonsville 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 43% above the Maryland median$380,953
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Median rent 1% above the Maryland median$1,724
Housing Market Overview
| Metric | Catonsville | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $380,953 | $267,101 | $248,835 |
| Price Trend (Annual %) | 1.6% | 3.4% | 7.5% |
| Median Gross Rent | $1,724 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Catonsville is about 43% higher than in Maryland. Rent is about 1% higher 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 Catonsville, up about 1.6% and 4.2% a year respectively. Rent is changing faster.
Median rent in Catonsville rose about 38.6% between 2015 and 2024, from $1,244 to $1,724. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Catonsville.
Buying the median-priced home in Catonsville costs roughly 18.4 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 Catonsville. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Catonsville | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $380,953 | $267,101 | $248,835 |
| Median Household Income | $114,422 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.3 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Catonsville rose about 11.4%, while median household income rose about 60.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Catonsville | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.6% | 62.4% | 58.5% |
| Rental Rate | 29.4% | 29.9% | 31.2% |
| Vacancy Rate | 3.0% | 7.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Catonsville has a homeownership rate of 67.6%, higher than the Maryland average of 62.4%. Its housing vacancy rate is 3.0%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Catonsville | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1964 | 1977 | 1978 |
| Median Number of Rooms | 6.5 | 6.2 | 5.5 |
The typical housing unit in Catonsville was built around 1964. On average, 2.4 people live in a home with about 6.5 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Catonsville, Maryland.
What is the median home price in Catonsville, Maryland?
The median home price in Catonsville, Maryland is $380,953, higher than the Maryland average of $267,101.
What is the average home price in Catonsville, Maryland?
The typical home price in Catonsville, Maryland, reported as the median sale price, is $380,953. 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 Catonsville, Maryland?
The median gross rent in Catonsville, Maryland is $1,724 per month, higher than the Maryland average of $1,704.
What was the median gross rent in Catonsville in 2020?
In 2020, the median gross rent in Catonsville, Maryland was $1,424 per month.
What is the price-to-rent ratio in Catonsville, Maryland?
The price-to-rent ratio in Catonsville, Maryland is about 18.4, meaning it would take roughly 18.4 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 Catonsville.
Are home prices or rent rising faster in Catonsville, Maryland?
Both home prices and rent are rising in Catonsville, up about 1.6% and 4.2% a year respectively. Rent is changing faster.
What is the homeownership rate in Catonsville, Maryland?
67.6% of households in Catonsville, Maryland own their home, higher than the Maryland average of 62.4%.
What is the vacancy rate in Catonsville, Maryland?
The housing vacancy rate in Catonsville, Maryland is 3.0%, lower than the Maryland average of 7.7%.
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