Why Live in Owings Mills
Owings Mills, named after mill operator and landowner Samuel Owings, Jr., has grown from humble origins as a riverside colonial community to a popular destination for shopping and dining in the Baltimore metropolitan area. “For west-side Baltimore, Owings Mills is the most developed area,” says Tabitha Richards, a broker with Next Home Leaders who has 20 years of experience in the city. “It’s definitely a shopping destination, but it’s been seeing a lot of growth outside of that, too. There are new apartment complexes and townhouses, restaurants and shops, a new library and even hotels going up by the train station. There’s a lot for folks who work in Baltimore to be excited about.” Major employers like Medifast have offices in the city, and it sits at the end of the Baltimore metro line, making commutes to Johns Hopkins Hospital simple and efficient. Bustling shopping centers are balanced by winding patches of suburban streets and plentiful green space, creating a thriving urban atmosphere just outside of Baltimore proper. Over the past 10 years, the outskirts of Owings Mills have transformed from forest and farmland to tangled subdivisions. “It’s really been built up a lot
Home Trends in Owings Mills, MD
On average, homes in Owings Mills, MD sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Owings Mills, MD over the last 12 months is $388,495, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$388,495
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$265,500
Median 1 Bedroom Sale Price
$197,750
Average Price Per Sq Ft
$184
Number of Homes for Sale
65
Last 12 months Home Sales
468
Median List Price
$390,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%