Baltimore, MD 21229 Real Estate Market Report

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

Key Findings

1. The neighborhood's primary market signal is the median sold price — $154,284 — which represents recent transaction activity and anchors current valuation expectations.
2. Despite a higher median listing price of $170,000, the gap between asking and achieved prices alongside a median days on market of 216 suggests pricing friction and slower sales velocity, contributing to a more balanced market context; neutral market temperature.
3. Price momentum is showing down year-over-year while rents are up, a combination that may attract price-sensitive or yield-focused buyers; however, interest rate pressure is elevated, which could constrain buyer affordability and transaction activity.
4. The median price per square foot is $139, which—given the slower transaction pace and relatively constrained active supply—may encourage buyers to focus on value-per-square-foot comparisons and supports cautious pricing strategies for sellers.

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.