Owings Mills, MD Real Estate

According to census data in the year 2000 there were 9,437 housing units in Owings Mills. This represents a 130.1% growth from 4,102 in 1990.

Of those housing units, 9,437 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Owings Mills is about 48.3%. Owings Mills's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Owings Mills were built after 1991.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom17%
Two Bedrooms38.50%
Three Bedrooms29.90%
Four Bedrooms12%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1994
Median Value of occupied units$141,700
Median Price asked for vacant units$122,900

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1984
Median Monthly Rent asked for vacant units$756

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.90%
Home Equity Loan5.80%
Simple Mortgage75.50%
Debt Free11.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%