Welcome to this overview of Baltimore, a city in Maryland with an interesting real estate market. In this text, we’ll provide you with insights on the city’s housing market, home values, crime rates, and other neighborhood resources. Whether you’re a property investor, realtor, manager, or simply interested in learning more about Baltimore’s real estate landscape, read on to discover valuable information and resources.
OVERVIEW
Baltimore is a city in Maryland and consists of 230 neighborhoods. There are 3,536 homes for sale, ranging from $500 to $7M. Baltimore has affordable homes.
- Median listing home price: $195K
- Median listing home price/Sq ft: $152
- Median sold home price: $190K
REAL ESTATE MARKET IN BALTIMORE
Baltimore, MD Housing Market
In December 2023, Baltimore witnessed a 2.5% decrease in home prices from the previous year, with a median price of $200K. Homes now sell faster, averaging 35 days on the market, down from 47 days last year. The number of homes sold decreased to 635 from 657 in December. Read more.
Baltimore Housing Market Trends and Forecast for 2024
Baltimore’s housing market, marked by a mix of challenges and opportunities, witnessed a 1.6% surge in closed sales in January 2024, reaching 1,728, with a 7.6% increase in median sold prices at $355,000. A nuanced supply-demand balance and a positive 2.0% growth forecast indicate a competitive yet stabilized environment, making it opportune for buyers. Don’t miss out on the trends of the Baltimore housing market.
Baltimore Home Values
Check out Zillow’s report about Baltimore home values.
INTERESTING STORIES
How Baltimore’s Promising Vacant Properties Program Is Working
Baltimore grapples with the legacy of redlining, evident in the prevalence of vacant and blighted properties, starkly visible reminders of historical lending discrimination. Despite efforts like the Vacants to Value program, some neighborhoods face uneven development, raising questions about affordable housing and the overall success of the initiative. Learn more about Baltimore’s ongoing struggle and the varied impact of revitalization efforts.
NEIGHBORHOOD RESOURCES
Baltimore Crime Map
Baltimore grapples with a high crime rate, standing at 46 per thousand residents, placing it among the top 100 most dangerous cities in the U.S. NeighborhoodScout reveals a one in 22 chance of falling victim to violent or property crime. Learn more.
Top Real Estate Agents
Looking for a real estate agent? Here’s the 10 Top Real Estate Agents in Baltimore by Sales Transactions.
BALTIMORE HELPFUL REAL ESTATE ECONOMIC DEVELOPMENT RESOURCES
Community Development And Urban Renewal Associations
- Baltimore City Department of Housing and Community Development
- Baltimore Neighborhood Collaborative (BNC)
Community Development Support
Small Business, Leadership, And Community Engagement
Community Support
ABOUT DAWGS
The Leader in Vacant Property Security
D.A.W.G.S. (Door And Window Guard Systems) and VPS (Vacant Property Security / VPS360) manufacture and rent attractive steel panels to cover door and window openings on vacant buildings. With NATIONAL COVERAGE, DAWGS’ steel door and window guard solutions come directly from one of our National distribution centers in key metro areas.
Our Vacant Property Security solutions eliminate break-ins and other problems associated with vacant properties.
Property investors, property managers, housing authorities, rehabbers, and real estate professionals trust D.A.W.G.S. to safeguard their vacant properties.
Click here to learn more about the DAWGS.
Community Outreach
DAWGS philanthropy efforts have touched many lives:
- Helping Veterans realize a brighter, better future
- Giving a homeless family hope and a newly furnished home
- Providing opportunities for inner city teenage girls to live happier and healthier lifestyles
- Rescuing dogs that have been abandoned
- Providing employment opportunities for individuals with developmental disabilities
Learn more here.
