Zip 21047 (Fallston, MD) Housing

The housing outlook in 21047 Fallston, MD is looking positive. The median value of homes in this area is $513,500 and is higher than the national median of $338,100. Over the past year, the appreciation rate for homes in this area has been 8.62% which is greater than the US average of 8.27%. This indicates that there will be a strong demand for housing in Fallston over the coming months and years. With an attractive location and strong appreciation rates, Fallston could be a great place to buy or rent a home.

The median home cost in Fallston (zip 21047) is $513,500. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Fallston (zip 21047) is up 10.6%.

Average Age of Homes

- The median age of Fallston (zip 21047) real estate is 41 years old

The Rental Market in Fallston (zip 21047)

- Renters make up 8.1% of the Fallston (zip 21047) population
- 0.0% of houses and apartments in Fallston (zip 21047), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fallston, Maryland	United States
	4,678.0	139,647,020.0
	45	42
	$513,500	$338,100
	10.6%	16.6%
	35.6%	57.0%
	49.5%	101.1%
	$9.33	$10.98
	$4,023	$2,690
	96.2%	57.4%
	0.7%	11.2%
	3.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	1.1%	11.3%
	0.3%	13.0%
	11.7%	20.1%
	25.1%	13.6%
	34.6%	8.3%
	17.1%	9.7%
	6.3%	3.9%
	2.3%	2.2%
	0.5%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	8.3%	13.6%
	9.1%	13.2%
	28.4%	14.8%
	8.3%	13.6%
	4.8%	10.0%
	4.2%	4.7%
	2.7%	12.2%

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