Rental market · ZIP 21163 · Randallstown, MD

ZIP 21163, Randallstown, MD rental market

Population 7,539 · Randallstown, Baltimore County, MD · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

The survey value/rent margins of error are too wide (> 40%) to rank this area confidently.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

7,539
Population

±720 ±9.5% tight

$602,800
Median home value (ACS, owner-reported)

±$25,000 ±4.1% tight

$1,438
Median gross rent (ACS, incl. utilities)

±$890 ±62% wide

2.9%
Survey gross-rent yield (proxy)

Derived from ACS estimates: no published margin of error

$134,672
Median household income

±$24,000 ±17.8% moderate

4.8%
Rental vacancy

Derived from ACS estimates: no published margin of error

15.0%
Renter share

Derived from ACS estimates: no published margin of error

1.0%
Estimated property-tax burden

Derived from ACS estimates: no published margin of error

2001
Median year built

±2 years margin in years; a share of a year number would not mean anything

13.7%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year. Of the 10 figures above, 5 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; and 5 are ratios derived from those estimates, which the Census Bureau publishes no margin for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

Loading home value context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$511,200 ±$32,122$557,800 ±$27,336$598,700 ±$20,535$602,800 ±$24,683
Median gross rent B25064$1,241 ±$308$1,441 ±$413$1,370 ±$215$1,438 ±$886
Population B010036,891 ±7517,222 ±7677,031 ±8127,539 ±714

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$511,200Margin of error ±$32,122
Median gross rent B25064
$1,241Margin of error ±$308
Population B01003
6,891Margin of error ±751

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$557,800Margin of error ±$27,336
Median gross rent B25064
$1,441Margin of error ±$413
Population B01003
7,222Margin of error ±767

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$598,700Margin of error ±$20,535
Median gross rent B25064
$1,370Margin of error ±$215
Population B01003
7,031Margin of error ±812

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$602,800Margin of error ±$24,683
Median gross rent B25064
$1,438Margin of error ±$886
Population B01003
7,539Margin of error ±714

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree; the reconciliation below states on which axis, one axis at a time, instead of leaving a reader to guess. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-08, not live.

Why two figures for apparently the same thing differ: source, vintage, methodology and geography, stated one axis at a time.
FigureACS survey estimateZillow measured index
Typical home value$602,800±$25,000, the Census Bureau’s published 90% margin of error$655,659no published margin of error
Methodology typical home valueThe median of what owners themselves estimate their own home to be worth, across owner-occupied homes only.A smoothed index of the typical value of homes in the middle tier (35th to 65th percentile) of the local stock, whether or not they sold.
SourceU.S. Census Bureau, American Community Survey 5-year estimates.Zillow Economic Research public research data.
VintageACS 2024 5-year: one estimate pooled over 2020–2024. Restated once a year, not monthly, and adjacent releases overlap.Monthly series, observed 2026-08 and revised in recent months. Not live.
Geography2020 Census ZIP Code Tabulation Area 21163.USPS ZIP code 21163: a related, but not identical, area.

The index for typical home value is $52,859 higher than the survey estimate, whose own 90% margin of error is ±$25,000: the two are separated by more than survey sampling error alone accounts for. A gap of either size is expected when the source, vintage, methodology and geography all differ, and is not evidence that either figure is wrong. Neither figure corrects the other, and no margin of error is implied for the index, which publishes none.

Zillow Home Value Index (ZHVI, mid tier)$655,659
ZHVI bottom tier (5th–35th pct)$463,272
ZHVI top tier (65th–95th pct)$883,081
Market heat index65
Share of listings with a price cut15.0%
For-sale inventory20
New listings11
Median list price$645,167
Measured 3-yr value growth1.31%/yr
Measured 5-yr value growth2.91%/yr
Measured 10-yr value growth3.32%/yr
ZHVI, 2-bedroom$391,759
ZHVI, 3-bedroom$625,542
ZHVI, 4-bedroom$732,167
ZHVI, 5-bedroom$956,924

Source: Zillow Economic Research public research data, observation month 2026-08. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 21163

4 ZIP Code areas share a land boundary with 21163 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 3 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 21163, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.

Evidence, sources & limitations

Official geography: Randallstown CDP, Baltimore County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 21163, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Baltimore County (spans multiple counties), overlapping Randallstown and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±9.5% margin of error
Median home value (ACS, owner-reported)survey ACS B25077 · ±4.1% margin of error
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±62% margin of error
Survey gross-rent yield (proxy)derived 12 * ACS B25064 / B25077 · no published margin of error
Median household incomesurvey ACS B19013 · ±17.8% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Estimated property-tax burdenderived ACS B25103 / B25077 · no published margin of error
Median year builtsurvey ACS B25035 · ±<1% margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.