Baltimore, MD 21212 Real Estate Market Report

ZIP Code: 21212
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The median sold price in Baltimore, MD 21212 is currently $350,000, reflecting a robust market with homes selling above their listing prices. This indicates a strong demand despite the 165 days median days on market, suggesting that while buyers are willing to pay more, the transaction process may be slower than in more competitive environments. The market has shown positive momentum, with prices trending up year-over-year, indicating a healthy appreciation in property values.

Inventory conditions reveal elevated levels of active listings relative to sales activity, which may suggest a slight cooling in buyer urgency. However, the overall market temperature remains hot, supported by a $2,298 median market rent that continues to rise, reflecting strong rental demand in the area. This combination of factors indicates a complex but favorable environment for sellers, while buyers may experience some challenges in navigating the market.

---

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

Note: 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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Baltimore, MD 21212 market average around 6.09% as of mid-February 2026, which is 0.78% lower than the 6.87% average seen one year prior.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. $350,000 is the current median sold price, indicating strong demand and a competitive market.

2. Median days on market at 165 days suggests slower sales velocity, which may impact buyer urgency.

3. The market temperature is classified as hot, reflecting ongoing demand despite elevated inventory levels.

4. Median market rent is $2,298, which is up, indicating robust rental demand supporting property values.

5. The property tax rate stands at 2.248%, which may influence overall affordability for buyers.

---

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.