Is Baltimore, MD 21209 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Baltimore is a seller’s market. With about 3.1 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score50/ 100

More competitive than 51% of U.S. ZIP codes, and #190 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

Months of supply3.1Under 4 months = seller’s market
Sold above original list19.4%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$215▲ +6.2% vs. last year

The Baltimore housing market right now

In the three months ending August 31, 2026, 19% of homes in Baltimore, MD 21209 sold above their list price, the typical home went under contract in 29 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (40 days then) and the median sale price rose 16% to $459,801. Overall, Baltimore is less competitive than a year ago, which gives buyers more room.

Within Baltimore County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Baltimore ranks #190 of 241 MD ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Upperco 21155 (0% sold over asking) or Hydes 21082 (0% sold over asking), while Catonsville 21228 (63% sold over asking) and Monkton 21111 (61% sold over asking) are even more competitive.

Nearby markets

Baldwin 21013Seller’s market $238 /sq ftButler 21023 $99 /sq ftCatonsville 21228Seller’s market $239 /sq ftCockeysville 21030Seller’s market $233 /sq ft Browse all markets →

Where Baltimore is

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Questions about Baltimore real estate

Is Baltimore a buyer’s or seller’s market?

A seller’s market: there were 3.1 months of supply in Baltimore, MD 21209 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 29 days in the latest three months.

Do homes in Baltimore sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Baltimore?

About 1.07% of a home’s value a year in Baltimore County, or roughly $4,280 on a $400,000 home.

What is the median home price in Baltimore?

The median sale price was $459,801 in the three months ending August 31, 2026, about $215 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