The Baltimore housing market is somewhat competitive. Homes in Baltimore receive 3 offers on average and sell in around 30 days. The median sale price of a home in Baltimore was $215K last month, up 7.5% since last year. The median sale price per square foot in Baltimore is $158, up 10.1% since last year.
What is the housing market like in Baltimore today?
In March 2024, Baltimore home prices were up 7.5% compared to last year, selling for a median price of $215K. On average, homes in Baltimore sell after 30 days on the market compared to 40 days last year. There were 692 homes sold in March this year, down from 827 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$215,000
+7.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Baltimore, MD
$215,000
+7.5%
United States
To compare other locations to the Baltimore and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Baltimore's median sale price is 47% lower than the national average. Overall cost of living in Baltimore is 1% higher than the national average. Learn which home features in Baltimore add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Baltimore housing market?
Baltimore is somewhat competitive. Homes sell in 35 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 35 days.
Hot homes
can sell for about 3% above list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Baltimore
Explore recent offers and recently sold homes in Baltimore
Recent offers
Winning Offer|
10 Weeks Ago
~$450K Offer
3bd | 3ba | ~2,000sqft
Over List Price
2%
Days on Market
57
Competing Offers
0
Down Payment
—
Courtney Chase
Baltimore Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$375K Offer
Sold for $375K
3bd | 2ba | ~2,250sqft
Over List Price
0%
Days on Market
6
Competing Offers
3
Down Payment
—
Charles Payne
Baltimore Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$225K Offer
Sold for $225K
2bd | 1ba | ~750sqft
Over List Price
2%
Days on Market
4
Competing Offers
5
Down Payment
—
Charles Payne
Baltimore Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$50K Offer
Sold for $50K
3bd | 2ba | —sqft
Under List Price
42%
Days on Market
54
Competing Offers
2
Down Payment
—
Walter Colquitt
Baltimore Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$700K Offer
Sold for $800K
5bd | 3.5ba | ~3,000sqft
Over List Price
5%
Days on Market
5
Competing Offers
9
Down Payment
—
Donnie Meyd
Baltimore Redfin Agent
A unique home so competition was high. Offer of $35,000 over asking with appraisal gap coverage and very minimized inspection contingeny, higher than typical earnest money deposit, free post settlement occupancy for the seller was backed by a well qualified financed buyer working with a local lender. Double digits of competing offers escalated the sale far beyond these terms. …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Roland Park Elementary/middle School
Public • PreK-8 • Choice school
1449
Students
25 reviews
7/10
Relay Elementary School
Public • PreK-5
700
Students
14 reviews
7/10
Thomas Johnson Elementary School
Public • PreK-8 • Choice school
544
Students
28 reviews
6/10
Arbutus Elementary School
Public • PreK-5
405
Students
5 reviews
6/10
Park Elementary School
Public • PreK-5
496
Students
10 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Baltimore housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Baltimore.
Risk Factor
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Baltimore has a major risk of flooding. 22,192 properties in Baltimore are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Baltimore. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Baltimore has a moderate risk of wildfire. There are 23,820 properties in Baltimore that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Baltimore.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Baltimore has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Baltimore is most at risk from hurricanes. 217,196 properties in Baltimore have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 106 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.