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BALTIMORE, MD 21231

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 21231

Butcher's Hill · Dunbar-Broadway · Fells Point · Little Italy · Locust Point · Locust Point Industrial Area · Middle East · Perkins Homes · Southeast Baltimore · Upper Fells Point · Washington Hill

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BALTIMORE, MD real estate market (21231) currently shows 94 active listings, with 36 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 45 days last year.

The median listing price has risen 3% year-over-year, from $349,450 to $359,950.

Whether you are buying or selling in BALTIMORE, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,780  ·  Density: 6,578.8/mi²  ·  Median household income: $88,091

Typical home value: $332,077  ·  Homeownership: 35.0%

Market Overview

Active Listings
94
⇧ 3.3% vs 91 last year
Pending
36
38% pending ratio
Median Price
$359,950
⇧ 3% vs $349,450 last year
Average Price
$486,221
⇧ 5.1% vs $462,664 last year
Days on Market
42
⇩ 6.7% vs 45 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 5.7% vs $246/sqft last year
Median Home Size
1,585 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 94 this year vs 91 last year
  • Days on market: 42 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $359,950 (+3% YoY)
  • Average: $486,221 (+5.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 1,406 listings ($396,443,903 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
21231Baltimore, MD 212310.0 mi72$35,913,528$377,495$498,799
21201Baltimore, MD 212011.7 mi36$14,797,512$283,694$411,042
21213Baltimore, MD 212132.0 mi237$38,403,006$150,000$162,038
21224Baltimore, MD 212242.8 mi278$86,271,740$265,500$310,330
21218Baltimore, MD 212183.0 mi224$58,616,544$199,450$261,681
21211Baltimore, MD 212113.8 mi58$20,434,618$368,675$352,321
21216Baltimore, MD 212164.5 mi208$37,269,856$166,250$179,182
21214Baltimore, MD 212144.7 mi64$18,631,616$294,925$291,119
21239Baltimore, MD 212395.4 mi53$16,178,833$279,925$305,261
21210Baltimore, MD 212105.4 mi18$10,319,004$424,750$573,278
21227Halethorpe, MD 212275.7 mi61$20,800,329$344,225$340,989
21237Rosedale, MD 212376.3 mi82$31,484,392$347,225$383,956
21090Linthicum Heights, MD 210906.8 mi15$7,322,925$449,725$488,195

Frequently Asked Questions

How many homes are for sale in BALTIMORE, MD 21231?

As of March 2026, there are 94 active listings in BALTIMORE, MD (zip code 21231), compared to 91 the prior year.

What is the median home price in BALTIMORE, MD 21231?

The median listing price in BALTIMORE, MD 21231 is $359,950 as of March 2026, a 3% increase from $349,450 the prior year.

How long do homes stay on the market in BALTIMORE, MD?

Homes in BALTIMORE, MD 21231 spend an average of 42 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in BALTIMORE, MD 21231?

Based on current inventory and days-on-market data as of March 2026, BALTIMORE, MD 21231 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 45 days last year.

How much can I save on real estate commission in BALTIMORE, MD?

With SELL123.com's maximum 3% commission, sellers in BALTIMORE, MD 21231 save an estimated $7,199 compared to a typical 5% commission on the median listing price of $359,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.