Market Snapshot
- Median listing price
- $140K
- Median rent
- $1,300/mo
- Days on market
- 264 days
- Gross rental yield
- 11.14%
- STR vs LTR
- $2,060/mo STR · $1,300/mo LTR
The median listing price in Baltimore, MD ZIP 21216 is $140,000 as of June 2026.
The median market rent in Baltimore, MD ZIP 21216 is $1,300/month as of June 2026.
The median days on market in Baltimore, MD ZIP 21216 is 264 days as of June 2026. The market is currently neutral.
At a median list price of $140,000 and a median rent of $1,300/month, the gross rental yield in Baltimore, MD ZIP 21216 is 11.14% as of June 2026.
In Baltimore, MD ZIP 21216, median Airbnb revenue is $2,060/month compared to median long-term rent of $1,300/month as of June 2026.
Baltimore, MD 21216 Real Estate Market Report
ZIP Code: 21216
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
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 21216 area average 6.56%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.
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 value indicator, the median sold price, is 147,150, and this transactional figure should be prioritized over asking prices when assessing SFR and condominium valuations in ZIP 21216 (representative recent sale).
- The relationship between the median listing price 140,000 and the median sold price 147,150 suggests pockets of pricing dispersion where some transactions close above prevailing asks, which may indicate selective buyer competition or negotiated seller concessions rather than broad market strength.
- The median days on market is 264, indicating notably slower sales velocity and longer marketing windows; this extended time-to-contract points to pricing friction and the need for targeted pricing or staging to improve liquidity (pricing friction).
- Market forces show the rent year-over-year trend is up while interest rate pressure is elevated (current 30-year average ~6.56%), a combination that supports steady rental demand even as elevated borrowing costs may constrain purchase affordability for some 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.
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, 1.3% 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
Get personalized market intelligence
Unlock deeper property intel in Baltimore, MD valuations, rent comps, operating costs, and pro-forma breakdowns.