Is Baltimore, MD 21205 a buyer’s or seller’s market?

The Baltimore housing market right now

In the three months ending August 31, 2026, 22% of homes in Baltimore, MD 21205 sold above their list price, the typical home went under contract in 70 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 50 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (21% then), homes sold more slowly (66 days then) and the median sale price fell 32% to $108,073. Overall, Baltimore is about as competitive as it was a year ago.

Within Baltimore city, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 95%. On our competition score, Baltimore ranks #198 of 241 MD ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Baltimore 21202 (10% sold over asking), while Baltimore 21214 (49% sold over asking) and Baltimore 21212 (48% sold over asking) are even more competitive.