The story of this market
The typical home in ZIP 21117 sells for about $390,000, or $215 per square foot.
Prices are up +20% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,848 a month.
ZIP 21117 — Owings Mills
The Owings Mills housing market is currently experiencing steady demand with a 20% year-over-year price increase, reflecting a competitive environment for buyers. Inventory remains tight, which is driving the upward pressure on prices despite a balanced market sentiment. The area's strong transit connectivity and ongoing mixed-use development continue to attract both families and commuters.
This ZIP is ideal for commuters seeking transit access to Baltimore, families looking for suburban amenities, and professionals drawn to the area's significant retail and office employment base.
Median prices moved up 20.0% year over year.
Homes spend a median of 55 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 5.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 21117, Baltimore County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Baltimore County Public Schools, which generally maintain a stable reputation with several highly-rated options in the surrounding suburban corridor.
The area is subject to standard regional climate risks including heavy precipitation and wind events; property insurance remains standard for the Baltimore metropolitan region.
Owings Mills serves as a major suburban employment and retail hub for Baltimore County, featuring significant corporate office presence and ongoing mixed-use redevelopment near the Metro station.
Property taxes are assessed by Baltimore County at a rate of 1.1%, which is slightly higher than the Maryland state average.
Residents benefit from direct access to the Owings Mills Metro SubwayLink station and proximity to I-795, providing a straightforward commute into downtown Baltimore.
The area features extensive green space including Soldiers Delight Natural Environment Area and various community parks, alongside major retail centers like Foundry Row and Metro Centre.
The rental market is robust with a 45% renter share, driven by demand for transit-oriented apartments near the Metro Centre and steady occupancy rates.
The economy is anchored by healthcare, retail, and professional services, with major employers including T. Rowe Price and various regional medical centers.
The area is well-connected via the I-795 corridor and the MTA Maryland Metro SubwayLink, which provides direct rail access to Baltimore City.
Ongoing redevelopment efforts are focused on increasing density near the Owings Mills Metro station and revitalizing older retail corridors.
Parcels are subject to Baltimore County property taxes and standard utility service districts.
Property insurance rates are consistent with the broader Baltimore County market, reflecting standard suburban risk profiles.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- K1 Speed Jessup4.518.7 mi
- Dave & Buster's Hanover - Arundel418.4 mi
- Sky Zone Trampoline Park4.117.1 mi
- Dave & Buster's4.217.6 mi
- Round1 Bowling & Arcade - Towson3.810.3 mi
- CFG Bank Arena4.113 mi
- M&T Bank Stadium4.713.4 mi
- Merriweather Post Pavilion4.515.1 mi
- Camden Yards4.813 mi
- Oriole Park at Camden Yards4.713.1 mi
- The Maryland Zoo in Baltimore4.410.1 mi
- Cinemark Towson and XD4.410.3 mi
- The Walters Art Museum4.812.7 mi
- Centennial Park4.712.9 mi
- Patapsco Valley State Park - Hollofield Area4.68.7 mi
- National Aquarium4.613.5 mi
- Fort McHenry National Monument and Historic Shrine4.815.6 mi
- Baltimore Museum of Art4.811.3 mi
- The Walters Art Museum4.812.7 mi
- Port Discovery Children's Museum4.513.4 mi
- Centennial Park4.712.9 mi
- Patapsco Valley State Park - Hollofield Area4.68.7 mi
- Cascade Falls Trailhead4.712.6 mi
- Sherwood Gardens4.810.9 mi
- Meadowood Regional Park4.76.5 mi
- Port Covington Marina4.714.7 mi
- Anchorage Marina4.514.8 mi
- Locust Point Marine Terminals2.915.3 mi
- Henderson's Wharf Marina4.514.6 mi
- Cutter Marina4.820 mi
- Diamond Ridge Golf Course4.36.3 mi
- Waverly Woods Golf Club4.49.4 mi
- Pine Ridge Golf Course4.311.3 mi
- Fox Hollow Golf Course4.39.8 mi
- The Woodlands Golf Course4.46.3 mi
- Towson Town Center4.410.3 mi
- H Mart Ellicott City4.59.8 mi
- Mondawmin Mall3.910.2 mi
- Lexington Market3.912.7 mi
- Security Square3.88 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large protected area featuring rare serpentine barrens and extensive hiking trails.
A transit-oriented development featuring dining, retail, and residential units.
A major regional shopping and dining destination.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.