MD · Metro #20

Baltimore - MD housing market

The Baltimore metro has a typical home value of $402,887, up 0.8% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$402,887
+0.8% vs. year ago
Median sale price
$383,955
+6.6% YoY
Median list price
$362,725
Sale-to-list ratio
99.2%
Selling below ask
Days on market
11d
Listings w/ price cut
21.9%
New listings / mo
2,986
+0.8% YoY
Homes for sale
7,112
+8.9% YoY
Typical rent
$1,894/mo
+2.0% YoY
Context

How to read this data

The typical home value ($402,887) 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 0.8% over the past year. In Baltimore - MD, that means a home worth $399,689 last year is now worth roughly $402,887.

The median sale price , what homes actually close for , is $383,955. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.

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 21.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,986 new listings hit the market each month in Baltimore - MD. There are currently 7,112 homes for sale, up 8.9% from a year ago.

The typical monthly rent in Baltimore - MD is $1,894, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

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.

Covered Home Repairs
Related

Other metros in MD

MetroHome value1-yr changeDays on market
Hagerstown - MD$323,045 +2.6% 18.0d
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