Market Overview
Home Prices in Lutherville Timonium, MD
The median home value in Lutherville Timonium, MD is $516,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lutherville Timonium are priced26% above average. Lutherville Timonium is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Lutherville Timonium home values have risen by approximately15.7%, reflecting steady appreciation in this market.
Price History
Lutherville Timonium Home Price Trend
City Comparison
Lutherville Timonium vs. National Median
At $516,837, homes in Lutherville Timonium cost 26% above the national median of $410,000. Buyers in Lutherville Timonium should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lutherville Timonium?
20% Down Payment
$103,367
on $516,837
Monthly P&I
$2,696/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,424/mo
incl. taxes & insurance
Income Needed
$136,960
gross annual (30% rule)
10% Down Option
$51,684
+ PMI applies
Loan Amount (20% dn)
$413,470
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lutherville Timonium, MD?
The median home value in Lutherville Timonium is $516,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Lutherville Timonium?
Over the past year, home values in Lutherville Timonium have increased by 1.4%. Over five years, prices have risen approximately 15.7%.
How much do I need to earn to buy a home in Lutherville Timonium?
To comfortably afford the median home price of $516,837 with a 20% down payment ($103,367) at today's rates (6.8%), you'd need a gross annual income of approximately $136,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Lutherville Timonium compare to the national average home price?
The national median home value is approximately $410,000. At $516,837, homes in Lutherville Timonium are 26% above the national average.
What metro area is Lutherville Timonium part of?
Lutherville Timonium is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.