Is Baltimore, MD 21223 a buyer’s or seller’s market?

The Baltimore housing market right now

In the three months ending August 31, 2026, 33% of homes in Baltimore, MD 21223 sold above their list price, the typical home went under contract in 49 days and there were 8.6 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 109 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold faster (54 days then) and the median sale price fell 17% to $53,977. Overall, Baltimore is more competitive than a year ago, so tougher for buyers.

Within Baltimore city, homes here sell more slowly than in 63% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Baltimore ranks #164 of 241 MD ZIP codes with enough sales (score 57 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.