Zip Code:

21204, Towson, MD

21204 is a Maryland Zip code within the city of Towson and the county of Baltimore County. Its population is roughly 21,545.

The Real Estate Market in the 21204 Zip Code of Towson, MD

The 21204 zip code of Towson, MD is located in Baltimore County and has a population of around 210,000. Towson is a medium sized city that has seen its share of growth over the years. The city's economy is based largely on the health care and education sectors. Towson also has a strong industrial base.

The median home value in the 21204 zip code is $161,200 which is above the Maryland state median home value of $146,600. The average home value in this zip code has grown significantly over the past few years and there are currently around 1,100 homes for sale in this area. In addition, there are an estimated 740 homes that are currently under contract and another 1,500 homes that have been listed but not yet sold. This indicates that there is strong demand for properties in this area and that prices are likely to continue to rise over the next few years.

There are several factors contributing to the high demand for properties in the 21204 zip code including:

-The growing economy: Towson's economy continues to grow at a healthy rate which contributes to increased demand for housing stock;

-Low unemployment rates: Towson's unemployment rate is below the Maryland state average which means that more people are able to afford homes;

-High levels of education attainment: Many people who live in this area have attained high levels of education which leads to higher incomes and greater spending power;

-Strong population growth: Towson continues to experience rapid population growth which fuels demand for housing stock even further.

Price Index: Baltimore-Columbia-Towson, MD

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