MD · Metro #20

Baltimore - MD housing market

The Baltimore metro has a typical home value of $407,614, up 0.7% from a year ago. Homes are moving fast at 9 days on market, a strong seller's market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$407,614
+0.7% vs. year ago
Median sale price
$391,540
+7.4% YoY
Median list price
$384,631
Sale-to-list ratio
100.0%
Selling above ask
Days on market
9d
Listings w/ price cut
25.6%
New listings / mo
3,701
+4.2% YoY
Homes for sale
8,498
+8.8% YoY
Typical rent
$1,936/mo
+2.4% YoY
Context

How to read this data

The typical home value ($407,614) 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 $404,781 last year is now worth roughly $407,614.

The median sale price , what homes actually close for , is $391,540. Homes are selling at 100.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Baltimore - MD sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,701 new listings hit the market each month in Baltimore - MD. There are currently 8,498 homes for sale, up 8.8% from a year ago.

The typical monthly rent in Baltimore - MD is $1,936, up 2.4% 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.

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Related

Other metros in MD

MetroHome value1-yr changeDays on market
Hagerstown - MD$328,561 +2.7% 11.0d
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