Baltimore, MD 21222 Real Estate Market Report

ZIP Code: 21222
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Baltimore, MD (ZIP: 21222) stands at $225,000, reflecting a stable market environment. This price point indicates a relatively balanced market, as the area has seen modest price appreciation. The market temperature is currently classified as neutral, suggesting that neither buyers nor sellers have a distinct advantage, which is further supported by the 151 days median days on market, indicating slower sales velocity.

Inventory conditions show elevated inventory levels, with active listings surpassing sold properties in the analyzed sample. This excess supply relative to sales activity may indicate a need for sellers to adjust expectations to align with current market realities. As interest rates are easing to a three-year low, affordability is improving, which could stimulate future demand and potentially lead to a more dynamic market in the coming months.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Baltimore market around 6.04% are slightly higher than the recent 2026 average of 5.5% seen earlier this year, suggesting a minor rate increase for new loans.

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

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Key Findings

1. The median sold price of $225,000 suggests a stable market with modest price appreciation.

2. With 151 days on market, the area is experiencing slower sales velocity, indicating a potential need for pricing adjustments.

3. The median listing price of $227,000 shows a slight gap compared to the sold price, indicating potential pricing friction for sellers.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may impact future pricing strategies.

5. Interest rates are easing, which could improve affordability and stimulate demand in the near future.

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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.