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Baltimore housing market: home prices, trends and forecast

Baltimore home prices: in September 2026 the Zillow Home Value Index valued a typical home in Baltimore, Maryland at $184,804, −3.7% versus a year earlier and −4.0% under the $192,548 peak of February 2025.

Value of a typical home
$184,804
September 2026, Zillow ZHVI
Change over 12 months
−3.7% since September 2025.
Change over 10 years
+61.9% since September 2016.
Multiple since the year 2000
×2.8, from a starting point of $65,389.
Days on the market
46
Realtor.com, Baltimore, MD metro.

Baltimore home prices since 2000

Baltimore is the steel line; the grey line is the United States. Since January 2000, a typical home in Baltimore was worth $65,389 and is now worth $184,804, ×2.83, while the US reached ×2.99 in the same months. At the boom peak the value reached $138,148 in June 2008, then fell to a low of $88,279 in January 2012, −36.1%.

$0$100k$200k$300k$400k200020052010201520202025Jan 2000 · $65,389$366,157$184,804Sep 2026BaltimoreUnited States$0$100k$200k$300k$400k200020102020Jan 2000 · $65k$366k$185kSep 2026
Typical home, smoothed and seasonally adjusted, from the Zillow Home Value Index. Zillow Research data
January 2000 · $65,389

Median Baltimore home price, year by year

Each year is the average of its twelve monthly values, and 2026 shows the latest month.

YearBaltimoreChange on the yearUnited States
2000$66,022$125,745
2001$67,968+2.9%$134,899
2002$70,763+4.1%$144,276
2003$75,312+6.4%$155,308
2004$82,169+9.1%$169,891
2005$97,562+18.7%$189,732
2006$119,494+22.5%$206,531
2007$133,408+11.6%$208,449
2008$135,461+1.5%$195,574
2009$123,266−9.0%$177,542
2010$113,449−8.0%$171,462
2011$95,710−15.6%$162,508
2012$90,639−5.3%$161,137
2013$101,220+11.7%$171,420
2014$109,853+8.5%$182,996
2015$110,641+0.7%$192,738
2016$113,763+2.8%$204,509
2017$119,847+5.3%$216,767
2018$130,378+8.8%$230,541
2019$141,433+8.5%$242,088
2020$148,725+5.2%$257,151
2021$169,384+13.9%$295,959
2022$183,481+8.3%$340,014
2023$184,086+0.3%$348,160
2024$190,752+3.6%$359,751
2025$191,894+0.6%$362,959
September 2026$184,804−3.7%$366,157

What a home bought in Baltimore in any year is worth now

An index-based estimate of a typical home, not an appraisal.

Each year averages its twelve monthly index values, and the current value is September 2026. See also: home appreciation calculator.

Considering a sale? See how local agents compare on Realtor.com. Advertising disclosure: this site may receive payment for links like this one, but it never changes a number. Disclosure.

Baltimore housing market forecast

Over the 12 months that start September 2026, Zillow's forecast puts the Baltimore, MD metro at +0.6%, with −0.2% over the three months running from that same month. Based on Baltimore's typical value of $184,804, it would land near $185,900 one year from now.

This forecast restates Zillow's own central estimate for the metro; the site does not publish any forecast of its own. Forecasts of this sort over 12 months have usually been off by several percentage points, in either direction. Nothing here should be taken as investment advice.

All metro forecasts in a single table: housing market forecast.

Baltimore housing market crash risk score

28 out of 100, moderate

Baltimore is ranked against the 292 cities using five conditions that ran high ahead of earlier price falls. Every input gets a score from 0 to 100 when set against the other cities, and the five scores are averaged with equal weight. It shows conditions as they are now; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−24.7%1620%
Days on the market vs 2019−9.8%2220%
Price-to-rent ratio8.7220%
Price-to-income ratio2.9420%
12-month price change−3.7%9720%

This is not investment advice. How the inputs get their scores: methodology. Every one of the 292 cities, ranked: crash risk by city.

Baltimore inventory and days on market

In September 2026 the Baltimore, MD metro counted 7,752 homes for sale, +16.2% more than a year earlier and −24.7% under September 2019 levels. Listings sold in a median of 46 days (−9.8% against 2019), and price cuts appeared on 22.0% of listings.

Baltimore, MD metro, September 2026ValueOn a year
Active listings7,752+16.2%
New listings3,446
Median days on market46+18.2%
Median list price$375,000−2.6%
Share with a price cut22.0%

Metro inventory: Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Baltimore cost of living

According to Zillow Observed Rent Index, Baltimore's typical asking rent is $1,762 a month, up 3.6% from a year earlier. You would need 8.7 years of that rent to cover the typical home. Median household income comes to $64,778 (Census ACS 2024), which puts the typical home at 2.9 times a year's income. By BEA, metro prices stand at 104.5 while the US average is 100, and housing costs come to 118.2.

The salary you would need to move there, plus rent and prices: Baltimore living costs.

Other Maryland housing markets

For the whole state: Maryland housing market.

How to read this chart

Zillow Home Value Index for Baltimore: each point shows what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, in that month's dollars. A hollow dot shows the month picked on the slider, and the terracotta dot shows the latest month. These numbers are not adjusted for inflation. An index tracks the typical home rather than any one house: to work out what one home is worth from its own sale price, use the card above or the home appreciation calculator.