Is Baltimore, MD 21217 a buyer’s or seller’s market?
Baltimore is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 48% of U.S. ZIP codes, and #193 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, 23% of homes in Baltimore, MD 21217 sold above their list price, the typical home went under contract in 64 days and there were 6.2 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 115 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (46 days then) and the median sale price fell 6% to $117,449. Overall, Baltimore is less competitive than a year ago, which gives buyers more room.
Within Baltimore city, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Baltimore ranks #193 of 241 MD ZIP codes with enough sales (score 48 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.
Run the numbers for 21217
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
Find towns like Baltimore in other states →Where Baltimore is
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Questions about Baltimore real estate
Is Baltimore a buyer’s or seller’s market?
A buyer’s market: there were 6.2 months of supply in Baltimore, MD 21217 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 64 days in the latest three months.
Do homes in Baltimore sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 102.8% 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 $117,449 in the three months ending August 31, 2026, about $92 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