Bel Air, MD housing market
The typical Bel Air home is worth about $462,000, up 1.1% in a year, 8% above the Maryland typical home. Homes typically sell in 9 days, a little above asking.
Home values, sales, trends and how Bel Air compares with the towns next door — updated as new data is published.
Bel Air at a glance
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Bel Air | Maryland |
|---|---|---|
| 2017 | $313,000 | $290,000 |
| 2018 | $320,000 | $301,000 |
| 2019 | $327,000 | $310,000 |
| 2020 | $340,000 | $322,000 |
| 2021 | $367,000 | $349,000 |
| 2022 | $401,000 | $384,000 |
| 2023 | $423,000 | $398,000 |
| 2024 | $442,000 | $412,000 |
| 2025 | $453,000 | $427,000 |
| 2026 | $459,000 | $429,000 |
| August 2026 | $462,000 | $428,000 |
122 new homes permitted in 2025
Builders were permitted 122 new homes in Bel Air in 2025: 5 single-family houses and 117 in buildings with two or more homes, worth about $24.6 million to build. That's 12 per 1,000 residents, faster than across Maryland (2.4). Over the past 10 years, Bel Air has permitted 289 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Bel Air gained 541 residents while 283 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across Maryland: 2.5 new residents per new home.
How Bel Air ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 73 | 1 | 72 | $14.3 million |
| 2025 | 122 | 5 | 117 | $24.6 million |
| 2024 | 1 | 1 | 0 | $320,000 |
| 2023 | 2 | 2 | 0 | $180,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 2 | 2 | 0 | $580,000 |
| 2019 | 93 | 46 | 47 | $10.2 million |
| 2018 | 52 | 27 | 25 | $8.2 million |
| 2017 | 14 | 14 | 0 | $1.9 million |
| 2016 | 3 | 3 | 0 | $345,000 |
| 2015 | 5 | 5 | 0 | $575,000 |
| 2014 | 2 | 2 | 0 | $325,000 |
| 2013 | 6 | 6 | 0 | $835,000 |
| 2012 | 26 | 5 | 21 | $2.2 million |
| 2011 | 40 | 26 | 14 | $4.4 million |
| 2010 | 42 | 14 | 28 | $3.8 million |
| 2009 | 29 | 1 | 28 | $2.8 million |
| 2008 | 1 | 1 | 0 | $187,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 18 | 3 | 15 | $2.7 million |
| 2005 | 90 | 6 | 84 | $10.2 million |
| 2004 | 86 | 3 | 83 | $8.4 million |
| 2003 | 4 | 4 | 0 | $750,000 |
| 2002 | 2 | 2 | 0 | $320,000 |
| 2001 | 4 | 4 | 0 | $465,000 |
| 2000 | 105 | 4 | 101 | $5.3 million |
How Bel Air ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Bel Air and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bel Air | $462K | +1.1% | $1,790 | 122 | $74,605 |
| Bel Air North | — | +4.5%† | $1,890 | — | $137,336 |
| Bel Air South | — | +4.4%† | $1,930 | — | $123,653 |
† FHFA price index change, where Zillow has no home value for the town.
6.2 years of income
The typical Bel Air home costs about 6.2 years of the town's median household income, more than across Maryland (4.1 years).
How Bel Air ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,790
HUD's Fair Market Rent for a two-bedroom in Bel Air is $1,790 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bel Air pay a median of $1,492, so moving in tends to cost more than staying put. A two-bedroom takes about 29% of the town's median household income.
Studio $1,310 · 4 bedrooms $2,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (21014; Baltimore-Columbia-Towson, MD MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Bel Air
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.