Home prices
The price of the median home in Towson is $363,800. It is approximately $32,100 (9%) higher compared to its surrounding areas.It is about $146,300 (67%) higher compared to the nation as a whole, and is about $237,700 (39%) lower compared to the city of Washington.
Rents
In Towson the median monthly rent is $1,438. In comparison to its nearby areas this is about $78 (5%) higher.In comparison to the US as a whole it is roughly $376 (35%) higher, and it is roughly $103 (6%) lower compared to the city of Washington.
Nearby places
Lutherville
Lutherville is Towson's neighbor to the north. Real estate prices there are pretty similar. The median home cost in Lutherville is $360,200, which is very similar to Towson. Rents there are a bit less expensive. In Lutherville the median monthly rent is $1,218, which is $220 (18%) lower than Towson.
Mays Chapel
Mays Chapel is Towson's neighbor to the northwest. The housing prices there are a little more expensive. The median home in Mays Chapel costs $395,300, which comes out to $31,500 (7%) higher than Towson. Its rents are a little more expensive. The median monthly rent in Mays Chapel is $1,547, which comes out to $109 (7%) higher than Towson.
Parkville
Parkville is Towson's neighbor to the east. Its housing prices are significantly less expensive. The price of the median home in Parkville is $202,400, which works out to $161,400 (79%) lower than Towson. The rent there is a little less expensive. In Parkville the median monthly rent is $1,232, which comes out to $206 (16%) lower than Towson.
Pikesville
Pikesville is Towson's neighbor to the west. Housing prices there are somewhat less expensive. Pikesville's median home value is $319,900, which comes out to $43,900 (13%) lower than Towson. Its rents are similar. In Pikesville the median rent is $1,435 per month, which is very similar to Towson.
Timonium
Timonium is about 3 miles north from Towson. Real estate prices there are fairly similar. The median home in Timonium is valued at $380,700, which works out to $16,900 (4%) higher than Towson. The rent there is somewhat less expensive. The median monthly rent in Timonium is $1,366, which comes out to $72 (5%) lower than Towson.
