Baltimore, MD 21218 Real Estate Market Report

ZIP Code: 21218
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Baltimore real estate market in ZIP code 21218 is currently characterized by a median sold price of $246,900, reflecting a modest appreciation in property values. This price indicates a stable demand in the area, despite the median listing price being lower at $227,000. The neighborhood has seen an increase in sold prices, suggesting a positive trend in market activity.

Transaction velocity appears to be slower, with properties remaining on the market for a median of 233 days. This extended duration may indicate a degree of pricing friction, as buyers take more time to evaluate their options amid elevated inventory levels. The market temperature is currently assessed as neutral, suggesting a balance between supply and demand, although the slight uptick in inventory may provide buyers with more choices than previously available.

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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.

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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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The median sold price of $246,900 indicates a strong market performance relative to the median listing price of $227,000, highlighting potential pricing friction.

2. Properties are experiencing a median of 233 days on market, suggesting a slower sales velocity and a need for strategic pricing to attract buyers.

3. The market temperature is currently neutral, indicating a balanced environment where neither buyers nor sellers hold a distinct advantage.

4. Rental demand remains robust with a median market rent of $2,298, reflecting a strong rental market supported by limited new construction.

5. Year-over-year trends show that both property prices and rents are up, suggesting a strengthening market overall.

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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.