Is Fallston, MD 21047 a buyer’s or seller’s market?

The Fallston housing market right now

In the three months ending August 31, 2026, 47% of homes in Fallston, MD 21047 sold above their list price, the typical home went under contract in 7 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (47% then), homes sold faster (24 days then) and the median sale price held steady to $572,202. Overall, Fallston is more competitive than a year ago, so tougher for buyers.

Within Harford County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Fallston ranks #14 of 241 MD ZIP codes with enough sales (score 86 out of 100).

Nearby, buyers who want less competition could look at Churchville 21028 (20% sold over asking) or Forest Hill 21050 (30% sold over asking), while Darlington 21034 (67% sold over asking) and Whiteford 21160 (56% sold over asking) are even more competitive.