Is Baltimore, MD 21212 a buyer’s or seller’s market?
Baltimore is a seller’s market. With about 2.5 months of supply and 48% 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.
More competitive than 84% of U.S. ZIP codes, and #39 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, 48% of homes in Baltimore, MD 21212 sold above their list price, the typical home went under contract in 33 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 116 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (46% then), homes sold more slowly (29 days then) and the median sale price rose 4% to $436,811. Overall, Baltimore is about as competitive as it was a year ago.
Within Baltimore city, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, Baltimore ranks #39 of 241 MD ZIP codes with enough sales (score 79 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).
Run the numbers for 21212
Nearby markets
Baltimore 21201Balanced $178 /sq ftBaltimore 21202Buyer’s market $203 /sq ftBaltimore 21205Buyer’s market $131 /sq ftBaltimore 21206Seller’s market $166 /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 seller’s market: there were 2.5 months of supply in Baltimore, MD 21212 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 33 days in the latest three months.
Do homes in Baltimore sell over asking?
48% of homes sold above their original list price, and the typical sale closed at 101.7% 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 $436,811 in the three months ending August 31, 2026, about $254 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