Is Baltimore, MD 21201 a buyer’s or seller’s market?
Baltimore is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 39% of U.S. ZIP codes, and #211 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Baltimore housing market right now
In the three months ending August 31, 2026, 26% of homes in Baltimore, MD 21201 sold above their list price, the typical home went under contract in 85 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold more slowly (53 days then) and the median sale price rose 3% to $269,883. Overall, Baltimore is about as competitive as it was a year ago.
Within Baltimore city, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 63%. On our competition score, Baltimore ranks #211 of 241 MD ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Baltimore 21202 (10% sold over asking) or Baltimore 21205 (22% sold over asking), while Baltimore 21214 (49% sold over asking) and Baltimore 21212 (48% sold over asking) are even more competitive.
Run the numbers for 21201
Nearby markets
Baltimore 21202Buyer’s market $203 /sq ftBaltimore 21205Buyer’s market $131 /sq ftBaltimore 21206Seller’s market $166 /sq ftBaltimore 21210Seller’s market $256 /sq ft Browse all markets →Towns like Baltimore nearby
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Questions about Baltimore real estate
Is Baltimore a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Baltimore, MD 21201 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Baltimore?
The typical home went under contract in 85 days in the latest three months.
Do homes in Baltimore sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Baltimore?
About 1.46% of a home’s value a year in Baltimore city, or roughly $5,840 on a $400,000 home.
What is the median home price in Baltimore?
The median sale price was $269,883 in the three months ending August 31, 2026, about $178 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology