Similar to nearby areas, it's somewhat more expensive compared to the nation as a whole. Compared to the city of Washington however, it is significantly less expensive.
Home prices
The median home in Owings Mills costs $260,700. This is approximately $7,280 (2%) higher in comparison to nearby areas.It is approximately $43,200 (19%) higher compared to the US as a whole, and is about $340,800 (56%) lower in comparison to the city of Washington.
Rents
Owings Mills's median rent is $1,551 a month. It is roughly $184 (13%) higher in comparison to the surrounding areas.In comparison to the country as a whole it is approximately $489 (46%) higher, and it is is very similar compared to the city of Washington.
Nearby places
Garrison
Garrison is Owings Mills's neighbor to the east. The housing prices there are similar. Garrison's median home price is $254,500, which is $6,200 (2%) lower than Owings Mills. Rent there is similar. In Garrison the median rent is $1,496 per month, which works out to $55 (3%) lower than Owings Mills.
Randallstown
Randallstown is Owings Mills's neighbor to the south. Its real estate prices are a bit less expensive. Randallstown's median home value is $242,600, which comes out to $18,100 (7%) lower than Owings Mills. Its rents are a bit less expensive. Randallstown's median rent is $1,221 per month, which works out to $330 (27%) lower than Owings Mills.
Reisterstown
Reisterstown is Owings Mills's neighbor to the north. Its real estate prices are a little less expensive. The cost of the median home in Reisterstown is $240,000, which is $20,700 (8%) lower than Owings Mills. Its rents are somewhat less expensive. In Reisterstown the median monthly rent is $1,331, which is $220 (16%) lower than Owings Mills.
Pikesville
Pikesville is roughly 4 miles east of Owings Mills. Its real estate prices are a bit more expensive. The median home in Pikesville is valued at $319,900, which works out to $59,200 (18%) higher than Owings Mills. Rents there are somewhat less expensive. In Pikesville the median rent is $1,435 a month, which is $116 (8%) lower than Owings Mills.
Milford Mill
Milford Mill is approximately 4 miles south of Owings Mills. The real estate prices there are a little less expensive. The value of the median home in Milford Mill is $210,100, which is $50,600 (24%) lower than Owings Mills. Its rents are a little less expensive. The median monthly rent in Milford Mill is $1,353, which is $198 (14%) lower than Owings Mills.
