Housing Insights for ZIP Code 21093 (Lutherville Timonium, MD)

Housing Summary for ZIP Code 21093

Homeowners

The median home value in ZIP Code 21093 (Lutherville Timonium, MD) is $376,900. Approximately 80.1% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.2%.

The average occupancy of owner-occupied units in ZIP Code 21093 is 2.53 occupants, while owner-occupied units have an aggregate average size of 3.08 bedrooms per housing unit.

Renters

In the 21093 ZIP Code, an estimated 19.9% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.0%.

Among renter-occupied units in this ZIP, the average occupancy is 1.86 occupants, while renters in this Baltimore County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21093

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21093.

ZIP 21093 Maryland U.S.
Median Home Value $376,900 $430,752 $361,498
Owner-Occupied Housing Units 80.1% 66.9% 64.0%
Homeowner Vacancy Rate 2.2% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.53 2.75 2.70
Average # of Bedrooms Per Unit 3.08 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 19.9% 33.1% 36.0%
Rental Vacancy Rate 2.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 1.86 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21093 (Lutherville Timonium, MD)

The median home value in ZIP Code 21093 is $376,900. That median value is about 20% higher than the median home value of $314,800 in Maryland overall, and is 73% higher than the $217,500 the median home value in the entire U.S. Approximately 53.8% of homes in ZIP Code 21093 are valued $300,000 to $499,999. That is 64% higher than in the state of Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 179% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 21093 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 21093

This chart visualizes the breakdown of home values in ZIP Code 21093, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21093 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21093

See the table below for a regional comparison of home values in ZIP Code 21093.

Home Value ZIP 21093 Maryland U.S.
Less than $50,000 0.8% 2.7% 6.9%
$50,000 to $99,999 0.0% 3.7% 12.0%
$100,000 to $149,999 0.5% 6.3% 13.3%
$150,000 to $199,999 4.5% 9.9% 14.0%
$200,000 to $299,999 17.1% 24.4% 19.6%
$300,000 to $499,999 53.8% 32.8% 19.3%
$500,000 to $999,999 19.9% 17.1% 11.4%
$1,000,000 or more 3.5% 3.1% 3.4%

Home Ages in ZIP Code 21093 (Lutherville Timonium, MD)

Approximately 20.9% of homes in this Lutherville Timonium, MD region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 21093 is about 37% higher than percentage of homes built in this time period in Maryland overall (15.3% of homes), and is 56% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 19.6% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.4% of homes in this Baltimore County ZIP Code were built in 2014 or later in ZIP Code 21093. In comparison, 2.3% of homes in Maryland overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21093

A detailed regional comparison of home ages in ZIP Code 21093.

Year Built ZIP 21093 Maryland U.S.
2014 or later 0.4% 2.3% 2.5%
2010 to 2013 0.8% 2.6% 2.7%
2000 to 2009 9.2% 11.4% 14.0%
1990 to 1999 14.9% 14.3% 13.9%
1980 to 1989 20.9% 15.3% 13.4%
1970 to 1979 13.1% 14.1% 15.2%
1960 to 1969 15.9% 11.5% 10.6%
1950 to 1959 19.6% 11.4% 10.3%
1940 to 1949 2.6% 5.2% 4.9%
1939 or earlier 2.6% 11.8% 12.6%

Age of Homes in ZIP Code 21093

See the chart below for details on the age of homes in ZIP Code 21093, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 21093

Frequently asked questions about housing in this Lutherville Timonium, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21093.

1

What is the average home value ZIP Code 21093?

The median home value in ZIP Code 21093 (Lutherville Timonium, MD) is $376,900.
2

Are homes expensive in ZIP Code 21093?

The median home value in 21093 ($376,900) is an estimated 20% higher than the aggregate median value of $314,800 in Maryland, and is 73% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21093?

The vacacy rate for owner-occupied housing in ZIP Code 21093 is 2.2%. This rate is 29% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21093 vacancy rate is 38% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21093 have older homes or newer construction?

In ZIP Code 21093, about 20.9% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 19.6% of homes in the region were built in 1950 to 1959. In contrast, 0.4% of homes in 21093 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 21093? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21093 than renter-occupied housing. Owner-occupied units make up 80.1% of housing, compared to 19.9% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21093?

The vacacy rate for rental units in ZIP Code 21093 is 2.0%. This rate is 67% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21093 vacancy rate is 67% lower than the entire U.S. vacancy rate of 6.0%.