Market Snapshot
- Median listing price
- $345K
- Median rent
- $1,850/mo
- Days on market
- 157 days
- Gross rental yield
- 6.44%
- STR vs LTR
- $839/mo STR · $1,850/mo LTR
The median listing price in Baltimore, MD ZIP 21234 is $344,500 as of June 2026.
The median market rent in Baltimore, MD ZIP 21234 is $1,850/month as of June 2026.
The median days on market in Baltimore, MD ZIP 21234 is 157 days as of June 2026. The market is currently neutral.
At a median list price of $344,500 and a median rent of $1,850/month, the gross rental yield in Baltimore, MD ZIP 21234 is 6.44% as of June 2026.
In Baltimore, MD ZIP 21234, median Airbnb revenue is $839/month compared to median long-term rent of $1,850/month as of June 2026.
Baltimore, MD 21234 Real Estate Market Report
ZIP Code: 21234
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
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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
- The primary indicator of market value is the median sold price of 289,000, which positions recent transactions below asking expectations and suggests realized market value is moderating relative to listing behavior; up price momentum supports modest appreciation.
- There is a notable spread between the median listing price of 344,500 and the median sold price of 289,000, which may indicate pricing friction where seller expectations exceed recent transaction levels and could prolong negotiations; balanced market temperature appears to be maintaining orderly price discovery.
- Liquidity appears muted: the median days on market at 157 signals slower sales velocity and longer time-to-contract, which may reflect buyer caution under current elevated interest rate pressure rather than a structural demand collapse.
- Market-level fundamentals show a median price per square foot of 216 and median market rent of 1,850, which together suggest price and rent trends are rising while the overall market temperature remains neutral; investors and pricing strategists should prioritize comparables based on recent sold prices and model time-to-contract into offer timing and concessions.
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, 6.50% rate, 1.1% 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.