Is Towson, MD 21204 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Towson is a seller’s market. With about 3 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #129 of 241 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list34.1%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$261▲ +10.2% vs. last year

The Towson housing market right now

In the three months ending August 31, 2026, 34% of homes in Towson, MD 21204 sold above their list price, the typical home went under contract in 40 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (30 days then) and the median sale price rose 13% to $599,740. Overall, Towson is about as competitive as it was a year ago.

Within Baltimore County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Towson ranks #129 of 241 MD ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Upperco 21155 (0% sold over asking) or Hydes 21082 (0% sold over asking), while Catonsville 21228 (63% sold over asking) and Monkton 21111 (61% sold over asking) are even more competitive.

Nearby markets

Baldwin 21013Seller’s market $238 /sq ftBaltimore 21209Seller’s market $215 /sq ftButler 21023 $99 /sq ftCatonsville 21228Seller’s market $239 /sq ft Browse all markets →

Where Towson is

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Questions about Towson real estate

Is Towson a buyer’s or seller’s market?

A seller’s market: there were 3 months of supply in Towson, MD 21204 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Towson?

The typical home went under contract in 40 days in the latest three months.

Do homes in Towson sell over asking?

34% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Towson?

About 1.07% of a home’s value a year in Baltimore County, or roughly $4,280 on a $400,000 home.

What is the median home price in Towson?

The median sale price was $599,740 in the three months ending August 31, 2026, about $261 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology