Home prices
The median home in Lutherville costs $360,200. It is roughly $25,160 (7%) higher in comparison to other places in this area.In comparison to the US as a whole it is approximately $142,700 (65%) higher, and compared to the city of Washington it is approximately $241,300 (40%) lower.
Rents
In Lutherville the median rent is $1,218 a month. This is roughly $143 (10%) lower in comparison to its nearby areas.In comparison to the United States as a whole it is about $156 (14%) higher, and it is roughly $323 (20%) lower in comparison to the city of Washington.
Nearby places
Timonium
Timonium is Lutherville's neighbor to the north. The housing prices there are somewhat more expensive. The value of the median home in Timonium is $380,700, which works out to $20,500 (5%) higher than Lutherville. Its rents are a bit more expensive. In Timonium the median monthly rent is $1,366, which is $148 (10%) higher than Lutherville.
Mays Chapel
Mays Chapel is Lutherville's neighbor to the northwest. Its real estate prices are a little more expensive. The median home in Mays Chapel costs $395,300, which is $35,100 (8%) higher than Lutherville. The rent there is a bit more expensive. Mays Chapel's median monthly rent is $1,547, which comes out to $329 (21%) higher than Lutherville.
Towson
Towson is Lutherville's neighbor to the south. The housing prices there are fairly similar. The median home in Towson costs $363,800, which is very similar to Lutherville. The rent there is somewhat more expensive. In Towson the median rent is $1,438 a month, which comes out to $220 (15%) higher than Lutherville.
Cockeysville
Cockeysville is approximately 3 miles north from Lutherville. Its housing prices are a little less expensive. Cockeysville's median home value is $333,000, which comes out to $27,200 (8%) lower than Lutherville. Rent there is fairly similar. Cockeysville's median rent is $1,221 a month, which is very similar to Lutherville.
Parkville
Parkville is approximately 4 miles southeast from Lutherville. The real estate prices there are significantly less expensive. The median home cost in Parkville is $202,400, which is $157,800 (77%) lower than Lutherville. Rents there are pretty similar. Parkville's median monthly rent is $1,232, which comes out to $14 (1%) higher than Lutherville.
