Baltimore, MD 21234 Real Estate Market Report

ZIP Code: 21234
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 21234 is currently characterized by a median sold price of $290,000, reflecting a stable market environment. The neighborhood has shown a positive price trend, with values up compared to previous periods, indicating a strengthening market despite the presence of elevated inventory levels. The median days on market stands at 162, suggesting a slower sales velocity, which may indicate a cautious approach from buyers amidst the current market conditions.

While the median listing price is noted at $327,449.50, the significant gap between listing and sold prices suggests potential pricing friction, where sellers may need to adjust expectations to align with buyer sentiment. The overall market temperature is described as neutral, indicating a balance between supply and demand, although the rental sector remains robust with a median market rent of $2,298, reflecting strong demand and positive rent growth in the area.

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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

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.

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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 $290,000 indicates a stable market, with values showing an up trend year-over-year.

2. With a median days on market of 162, the market is experiencing a slower sales velocity, which may suggest a cautious buyer sentiment.

3. The median listing price of $327,449.50 reflects potential pricing friction, as it exceeds the sold price, indicating sellers may need to adjust expectations.

4. The market temperature is currently neutral, suggesting a balanced environment between supply and demand dynamics.

5. The median market rent of $2,298 indicates strong demand in the rental sector, contributing positively to the overall market performance.

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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.