Randallstown, MD


Highest Appreciating Randallstown Neighborhoods Since 2000

Randallstown, MD Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Randallstown Housing Market Information

With a population of 33,312, 12,281 total housing units (homes and apartments), and a median house value of $257,677, Randallstown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Randallstown, accounting for 54.72% of the town's housing units. Other types of housing that are prevalent in Randallstown include large apartment complexes or high rise apartments ( 22.05%), row houses and other attached homes ( 21.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Randallstown. Owner-occupied housing accounts for 70.20% of Randallstown's homes, and 69.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Randallstown 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 Randallstown built between 1940-1969 ( 39.79%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.87%). There's also some housing in Randallstown built before 1939 ( 3.11%).

Randallstown Home Appreciation Rates

Homes have actually lost value in Randallstown over the last then years, as home values have seen a decline of 20.37% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Randallstown home appreciation rates at -0.51%, which equates to an annual appreciation rate of -2.03%.

Over the last year, Randallstown appreciation rates have trailed the rest of the nation. In the last twelve months, Randallstown's appreciation rate has been 1.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Randallstown were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Randallstown's latest annual appreciation rate is lower than 60% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Randallstown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Randallstown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Randallstown real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Randallstown, MD HOME PRICES

Value Range
> $1,079,000 0.3
$809,001 - $1,079,000 0.1
$539,001 - $809,000 3.2
$432,001 - $539,000 3.3
$324,001 - $432,000 16.0
$216,001 - $324,000 45.3
$108,001 - $216,000 26.9
$54,001 - $108,000 1.8
$0 - $54,000 3.0

Low for MD
High for Nation

Value Relative to Nation Value Relative to State
21.387554201336 63.7404580152672

Number Of Homes And Apartments:

Randallstown Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
60.92% 2.80% 6 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,562 / per month

Homeownership Rate

Owners 70.20
Renters 29.80
Vacant 6.94

Housing Market Details


Age of Homes

AGE OF Randallstown HOMES
2000 or Newer 8.9
1970 - 1999 48.2
1940 - 1969 39.8
1939 or Older 3.1

Types of Homes

TYPE OF Randallstown HOMES
Single-Family 54.7
Townhomes 21.1
Small Apt. Buildings 1.2
Apt. Complexes 22.1
Mobile Homes 0.5
Other 0.4

Home Size

SIZE OF Randallstown HOMES
No Bedroom 0.36
1 Bedroom 11.04
2 Bedrooms 13.83
3 Bedrooms 47.55
4 Bedrooms 21.89
5 or more bedrooms 5.33