Market Snapshot
- Median listing price
- $288K
- Median rent
- $1,220/mo
- Days on market
- 223 days
- Gross rental yield
- 5.09%
- STR vs LTR
- $990/mo STR · $1,220/mo LTR
The median listing price in Baltimore, MD ZIP 21206 is $287,500 as of June 2026.
The median market rent in Baltimore, MD ZIP 21206 is $1,220/month as of June 2026.
The median days on market in Baltimore, MD ZIP 21206 is 223 days as of June 2026. The market is currently neutral.
At a median list price of $287,500 and a median rent of $1,220/month, the gross rental yield in Baltimore, MD ZIP 21206 is 5.09% as of June 2026.
In Baltimore, MD ZIP 21206, median Airbnb revenue is $990/month compared to median long-term rent of $1,220/month as of June 2026.
Baltimore, MD 21206 Real Estate Market Report
ZIP Code: 21206
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the Baltimore 21206 market are approximately 6.56%, reflecting a period of elevated borrowing costs compared to the lower rate environment seen earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator is the median sold price: 194,500, which anchors recent transaction values and should be treated as the representative recent sale benchmark for valuation and comps.
- There is a notable spread between the median listing price of 287,500 and the median sold price of 194,500, which suggests pricing friction and that asking prices may be above what recent transactions support; this gap may indicate elevated seller expectations relative to closed sales.
- Slower sales velocity is evident with a median days on market of 223, which, combined with the listing/sold gap, suggests pricing and liquidity constraints that may prolong time-to-contract and favor buyers who can move decisively.
- Market fundamentals show the price trend is up and rent trend is up, while interest rate pressure is moderate; borrowers face higher financing costs (current 30-year fixed around approximately 6.56%), so financing remains a moderating factor on buyer activity even as prices and rents rise.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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