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Foreclosure Homes in Timonium, MD

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Home Value Estimator For Timonium, MD

There are currently 991 real estate properties in Timonium, MD, with a median automated valuation model (AVM) price of $415,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Timonium, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Timonium, MD, is $471,788.00, with the most expensive house in Timonium, MD, topping out at $2,638,000.00 and the cheapest home in Timonium, MD, clocking in at $191,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Timonium, MD!


Rent Prices In Timonium, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Timonium, MD, is on a rollercoaster ride. The average rent price in Timonium, MD, is $2,276.00. Indeed, when looking to rent in Timonium, MD, you can expect to pay as little as $1,340.00 or as much as $3,940.00, with the average rent median estimated to be $2,150.00. The good news is that finding an affordable and desirable property to rent in Timonium, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Timonium, MD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Timonium, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Timonium, MD and much more. Save thousands at closing with home foreclosure listings in Timonium, MD — up to 75% off market value!


Top Reasons To Live In Timonium, MD In 2021

Timonium is located in Baltimore, Maryland, with an estimated municipal population of 10,557 residents. All of the best foreclosed homes for sale in Timonium are located in the following zip code areas on Foreclosure.com: 21093. The estimated population per square kilometer (.62 miles) in Timonium is 761.


Cost Of Living In Timonium, MD

So, about how much do homes cost in Timonium? The most recent median value of resident-owned homes in Timonium is 381,906. An estimated 77.4 percent of households in Timonium own their homes, with an average family size of 2.95. The median household income in Timonium is 97,055, with48.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Timonium, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Timonium? If so, the average rent price paid by renters in Timonium is 1,366, according to recent statistics.


Diversity And Demographics In Timonium, Maryland

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Timonium, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Timonium is 48.9, split between 46.6 percent male versus 53.4 female. The percentage of residents who report being married in Timonium is 54.4, with an average family size of 2.95.

The percentage of residents who report their race in Timonium is as follows:

White 83%
Black / African American 4.7%
Asian 10.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near Timonium? Or maybe you are searching for 55+ active adult communities in and/or near Timonium?

The percentage of residents who report their age in Timonium is as follows:

Under 10 10.2%
Aged 10-19 11.4%
20s 7.8%
30s 10.6%
40s 11.7%
50s 13.5%
60s 12.4%
70s 8.9%
80+ 13.3%

Best Schools In Timonium, Maryland

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Timonium with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Timonium.


Pros And Cons Of Living In Timonium, Maryland

How do you know that living in -- or moving to -- Timonium is right where you need to be? Perhaps you grew up in Timonium or already live nearby; therefore, the decision to buy a home in Timonium is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Timonium for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Timonium:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Timonium.


Reasons To Move To Timonium, Maryland, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Timonium can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Timonium, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Timonium, MD

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