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Market Snapshot

Median listing price
$239K

The median listing price in Baltimore, MD ZIP 21222 is $239,450 as of June 2026.

Median rent
$1,900/mo

The median market rent in Baltimore, MD ZIP 21222 is $1,900/month as of June 2026.

Days on market
170 days

The median days on market in Baltimore, MD ZIP 21222 is 170 days as of June 2026. The market is currently neutral.

Gross rental yield
9.52%

At a median list price of $239,450 and a median rent of $1,900/month, the gross rental yield in Baltimore, MD ZIP 21222 is 9.52% as of June 2026.

STR vs LTR
$1,068/mo STR · $1,900/mo LTR

In Baltimore, MD ZIP 21222, median Airbnb revenue is $1,068/month compared to median long-term rent of $1,900/month as of June 2026.

Baltimore, MD 21222 Real Estate Market Report

ZIP Code: 21222

Report Date: June 2026

Market Temperature:
NEUTRAL

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.

Analysis Window
90 Days
Total Properties Analyzed
185
Active Listings
48
Sold Properties
137

Market Metrics

Median Listing Price
$239,450
Median Sold Price
$200,000
Median Price per Sqft
$188/sqft

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

Median Market Rent
$1,900

Property Taxes

Property Tax Rate
1.20%

Liquidity & Velocity

Median Days on Market
170
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Baltimore, MD 21222 are averaging approximately 6.5% as of June 2026, reflecting a market environment where rates remain elevated compared to the sub-4% levels seen in recent historical cycles.

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


Key Findings

  1. median sold price $200,000 is the clearest indicator of current market value in 21222 and suggests that recent transactions are clustering below asking levels, indicating pricing friction between seller expectations and closed sale outcomes.
  2. median listing price $239,450 versus the median sold price implies a meaningful gap that may indicate seller-side pricing expectations are higher than what buyers are paying; this gap, combined with a median days on market 170, suggests slower sales velocity and extended time needed to achieve negotiated sales.
  3. median price per square foot $188 and median market rent $1,900 together provide a cross-check for investor and owner-occupier pricing decisions; use these benchmarks when evaluating comps and underwriting offers to ensure bids reflect recent sold values and rent-supported valuations.
  4. price year-over-year trend: down and market temperature: neutral indicate a market that is cooling in value but still balanced in supply-demand dynamics; with interest rate pressure: elevated and prevailing 30-year fixed mortgage rates around 6.5%, financing costs may continue to constrain price recovery and buyer purchasing power.

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

7848 Saint Claire Ln, Dundalk, MD 21222
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds1 baths1,024 sqft
$2,055,000
Mar 1, 2026
$2,007/sqft/sqft
3833 Annadale Rd, Baltimore, MD 21222
Premium

Sold above market average

- beds2 baths1,958 sqft
$480,000
May 1, 2026
$245/sqft/sqft
1074 days on market
1911 Snyder Ave, Dundalk, MD 21222
Premium

Sold above market average

3 beds1 baths686 sqft
$455,000
Mar 1, 2026
$663/sqft/sqft
418 days on market
3413 Loganview Dr, Baltimore, MD 21222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds1 baths1,395 sqft
$202,000
Apr 1, 2026
$145/sqft/sqft
6707 German Hill Rd, Baltimore, MD 21222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds1 baths1,335 sqft
$200,000
May 1, 2026
$150/sqft/sqft
8146 Gray Haven Rd, Dundalk, MD 21222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths928 sqft
$200,000
Apr 1, 2026
$216/sqft/sqft
265 days on market
103 N Dundalk Ave, Baltimore, MD 21222
Value

Sold below market average

- beds2 baths1,440 sqft
$75,000
Mar 1, 2026
$52/sqft/sqft
6769 Woodley Rd, Baltimore, MD 21222
Value

Sold below market average

- beds1 baths1,164 sqft
$65,000
Mar 1, 2026
$56/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$627/mo
21222 Avg Rent
21222 Cost to Own
Rent$1,900
Own$1,273

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

21222 Avg nightly rate
21222 Avg occupancy (days/year)
Nightly rate$109/night
Occupancy103 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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