Reisterstown, Maryland Housing Market Prices
Reisterstown 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 13% above the Maryland median$300,707
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Median rent 6% below the Maryland median$1,600
Housing Market Overview
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $300,707 | $267,101 | $248,835 |
| Price Trend (Annual %) | 1.8% | 3.4% | 7.5% |
| Median Gross Rent | $1,600 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Reisterstown is about 13% higher than in Maryland. Rent is about 6% 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 Reisterstown, up about 1.8% and 3.9% a year respectively. Rent is changing faster.
Median rent in Reisterstown rose about 39.0% between 2015 and 2024, from $1,151 to $1,600. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Reisterstown.
Buying the median-priced home in Reisterstown costs roughly 15.7 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 Reisterstown. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $300,707 | $267,101 | $248,835 |
| Median Household Income | $89,678 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.4 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Reisterstown rose about 10.4%, while median household income rose about 34.7% 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 | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.2% | 62.4% | 58.5% |
| Rental Rate | 31.7% | 29.9% | 31.2% |
| Vacancy Rate | 6.1% | 7.7% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Reisterstown has a homeownership rate of 62.2%, about the same as the Maryland average of 62.4%. Its housing vacancy rate is 6.1%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1984 | 1977 | 1978 |
| Median Number of Rooms | 6.1 | 6.2 | 5.5 |
The typical housing unit in Reisterstown was built around 1984. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
Reisterstown, MD Housing Compared With Nearby Cities
How Reisterstown, MD compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Reisterstown, MD | 25,579 | $300,707 #2/3 | $1,600 #3/3 | 66.2% #2/3 |
| Owings Mills, MD | 38,773 | $326,093 | $1,830 | 51.6% |
| Pikesville, MD | 32,882 | $180,940 | $1,709 | 66.4% |
Frequently Asked Questions
Common questions about the housing market in Reisterstown, Maryland.
What is the median home price in Reisterstown, Maryland?
The median home price in Reisterstown, Maryland is $300,707, higher than the Maryland average of $267,101.
What is the average home price in Reisterstown, Maryland?
The typical home price in Reisterstown, Maryland, reported as the median sale price, is $300,707. 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 Reisterstown, Maryland?
The median gross rent in Reisterstown, Maryland is $1,600 per month, lower than the Maryland average of $1,704.
What was the median gross rent in Reisterstown in 2020?
In 2020, the median gross rent in Reisterstown, Maryland was $1,331 per month.
What is the price-to-rent ratio in Reisterstown, Maryland?
The price-to-rent ratio in Reisterstown, Maryland is about 15.7, meaning it would take roughly 15.7 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 Reisterstown.
Are home prices or rent rising faster in Reisterstown, Maryland?
Both home prices and rent are rising in Reisterstown, up about 1.8% and 3.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Reisterstown, Maryland?
62.2% of households in Reisterstown, Maryland own their home, about the same as the Maryland average.
What is the vacancy rate in Reisterstown, Maryland?
The housing vacancy rate in Reisterstown, Maryland is 6.1%, lower than the Maryland average of 7.7%.
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