Market Snapshot
- Median listing price
- $130K
- Median rent
- $1,450/mo
- Days on market
- 352 days
- Gross rental yield
- 13.38%
- STR vs LTR
- $2,068/mo STR · $1,450/mo LTR
The median listing price in Baltimore, MD ZIP 21223 is $130,000 as of June 2026.
The median market rent in Baltimore, MD ZIP 21223 is $1,450/month as of June 2026.
The median days on market in Baltimore, MD ZIP 21223 is 352 days as of June 2026. The market is currently neutral.
At a median list price of $130,000 and a median rent of $1,450/month, the gross rental yield in Baltimore, MD ZIP 21223 is 13.38% as of June 2026.
In Baltimore, MD ZIP 21223, median Airbnb revenue is $2,068/month compared to median long-term rent of $1,450/month as of June 2026.
Baltimore, MD 21223 Real Estate Market Report
ZIP Code: 21223
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.
Key Findings
- median sold price: 133,317 is the most representative recent transaction indicator for ZIP 21223 and suggests modest price appreciation when considered alongside the up year-over-year price trend; rely on sold prices rather than asking prices for valuation and comps.
- Despite a lower median listing price: 130,000 versus recent sale levels, the gap may indicate modest seller optimism rather than a systemic overpricing issue; this pricing spread, combined with a neutral market temperature, suggests market balance with localized seller advantages.
- The very long median days on market: 352 points to slower sales velocity and meaningful pricing friction in the transaction pipeline; this slower liquidity may require extended time-to-contract assumptions for underwriting and portfolio planning.
- Rental fundamentals show a median market rent: 1,450 with a up rent year-over-year trend, while interest rate pressure is elevated—this combination suggests steady rental demand but higher financing costs that may compress investor yield expectations and slow acquisition activity.
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 below 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, 6.50% 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
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