Fallston, MD Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fallston, MD Housing Market Trends

With 9,148 people, 3,130 houses or apartments, and a median cost of homes of $466,395, real estate costs in Fallston are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.

Fallston is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Fallston than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fallston. Owner-occupied housing accounts for 94.30% of Fallston's homes, and 83.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fallston built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fallston built between 1940-1969 ( 27.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.05%). There's also some housing in Fallston built before 1939 ( 3.13%).

Fallston Home Appreciation Rates

Fallston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fallston during the period has been just 2.55%, which is lower than 70% of US communities.

Over the last year, Fallston appreciation rates have trailed the rest of the nation. In the last twelve months, Fallston's appreciation rate has been 7.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fallston were at 2.58%, which equates to an annual appreciation rate of 10.73%.

Relative to Maryland, our data show that Fallston's latest annual appreciation rate is lower than 70% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$466,395

Fallston, MD HOME PRICES

> $1,175,000
2.6%
2.6%
$881,001 - $1,175,000
4.2%
4.2%
$587,001 - $881,000
19.6%
19.6%
$470,001 - $587,000
19.6%
19.6%
$353,001 - $470,000
34.0%
34.0%
$235,001 - $353,000
16.1%
16.1%
$118,001 - $235,000
2.3%
2.3%
$59,001 - $118,000
0.0%
0.0%
$0 - $59,000
1.6%
1.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MD

Value Relative To Nation

Number Of Homes And Apartments:
3,130

Fallston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
87.09% 2.96%
4
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,825 / per month

Homeownership Rate

Owners
94.3%
94.3%
Renters
5.7%
5.7%
Vacant
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.1%
11.1%
1970 - 1999
58.5%
58.5%
1940 - 1969
27.3%
27.3%
1939 or Older
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
96.7%
96.7%
Townhomes
1.2%
1.2%
Small Apt. Buildings
1.1%
1.1%
Apt. Complexes
1.0%
1.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
1.4%
1.4%
2 Bedrooms
2.6%
2.6%
3 Bedrooms
38.4%
38.4%
4 Bedrooms
45.3%
45.3%
5 or more bedrooms
12.2%
12.2%
0.0% 100.0%
% OF HOMES