MD · Metro #20

Baltimore - MD housing market

The Baltimore metro has a typical home value of $405,069, up 0.7% from a year ago. Homes are moving fast at 11 days on market, a strong seller's market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$405,069
+0.7% vs. year ago
Median sale price
$396,622
+7.0% YoY
Median list price
$383,000
Sale-to-list ratio
100.3%
Selling above ask
Days on market
11d
Listings w/ price cut
27.4%
New listings / mo
3,587
+4.4% YoY
Homes for sale
8,905
+10.1% YoY
Typical rent
$1,946/mo
+2.8% YoY
Rent vs buy
17.3x
Context

How to read this data

The typical home value ($405,069) is the Zillow Home Value Index for the Baltimore - MD metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.7% over the past year. In Baltimore - MD, that means a home worth $402,253 last year is now worth roughly $405,069.

The median sale price, what homes actually close for, is $396,622. Homes are selling at 100.3% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Baltimore - MD sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,587 new listings hit the market each month in Baltimore - MD. There are currently 8,905 homes for sale, up 10.1% from a year ago.

The typical monthly rent in Baltimore - MD is $1,946, up 2.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.3x, toss-up (#91 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,082 a month in principal and interest, $136 more than renting before taxes, insurance and upkeep. The two break even at a 6.01% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in MD

MetroHome value1-yr changeDays on market
Hagerstown - MD$325,773 +2.7% 13.0d
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