The Baltimore housing market is somewhat competitive. Homes in Baltimore receive 2 offers on average and sell in around 46 days. The median sale price of a home in Baltimore was $223K last month, up 11.7% since last year. The median sale price per square foot in Baltimore is $154, up 3.4% since last year.
What is the housing market like in Baltimore today?
In December 2024, Baltimore home prices were up 11.7% compared to last year, selling for a median price of $223K. On average, homes in Baltimore sell after 46 days on the market compared to 35 days last year. There were 627 homes sold in December this year, down from 628 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$223,375
+11.7% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Baltimore, MD
$223,375
+11.7%
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 48% lower than the national average. Overall cost of living in Baltimore is 0% higher than the national average. Learn which home features in Baltimore add value to a home.
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How hot is the Baltimore housing market?
Baltimore is somewhat competitive. Homes sell in 44 days.
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100
62
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 44 days.
Hot homes
can sell for about 3% above list price and go pending in around 18 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
Offer Not Accepted|
9 Weeks Ago
~$100K Offer
Sold for $75K
3bd | 1ba | ~1,250sqft
Over List Price
6%
Days on Market
32
Competing Offers
—
Down Payment
—
Courtney Chase
Baltimore Redfin Agent
client became unresponsive in the middle of negotiations - not sure he is committed/able to purchase
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.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Baltimore has a moderate risk of flooding. 21,704 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.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Baltimore has a moderate risk of wildfire. There are 4,665 properties in Baltimore that have some risk of being affected by wildfire over the next 30 years. This represents 2% 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. 217,141 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.