#MDBA2155536, Julie Kolb, Listing Office: Veterans First Realty
Baltimore Housing Market Report January 2025•Baltimore County, Maryland
Housing Prices in Baltimore, MD
How much do homes in Baltimore, MD cost?
Housing Market Conditions
Is Baltimore, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Baltimore is a Neutral Market
Difference Since January 2024
At the same time last year, Baltimore was a Seller's Market.
Baltimore is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Baltimore have sold for 5% more than they did a year ago.
Summary: The median home sold price in Baltimore was $229,497 in January 2025, up 5% from last year, and the median price per square foot was $164.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Brooklyn | $202K | $223.1K | +10.5% |
Halethorpe | $296K | $320.6K | +8.3% |
Gwynn Oak | $285K | $305K | +7.0% |
Baltimore | $218.5K | $229.4K | +5.0% |
Dundalk | $219.9K | $230.7K | +4.9% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $160K | $170K | +6.3% |
22 Bedrooms | $198K | $204.9K | +3.5% |
33 Bedrooms | $199.7K | $207.4K | +3.8% |
44 Bedrooms | $271.9K | $288.3K | +6.0% |
55+ Bedrooms | $365.9K | $365K | -0.3% |
Summary: Baltimore housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.3%. The home price for 2 bedroom homes increased by +3.5%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes decreased by -0.3%.
Housing supply in Baltimore, MD
How many homes are available in Baltimore, MD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
3,237Last MonthJan 2025 | ||
3,1232 months agoDec 2024 | +3.7 % Change MoMDec – Jan |
Summary: The Baltimore real estate market had 3,237 homes for sale in Jan 2025, a 3.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
476Last MonthJan 2025 | ||
6362 months agoDec 2024 | -25.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 71 | 75 | +5.6% |
22 Bedrooms | 655 | 675 | +3.1% |
33 Bedrooms | 1,518 | 1,586 | +4.5% |
44 Bedrooms | 618 | 639 | +3.4% |
55+ Bedrooms | 261 | 262 | 0.4% |
Summary: Baltimore housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +5.6%. The inventory for 2 bedroom homes increased by +3.1%. The inventory for 3 bedroom homes increased by +4.5%. The inventory for 4 bedroom homes increased by +3.4%. The inventory for 5 bedroom homes decreased by 0.4%.
Asking Price vs. Sold Price
How much do homes in Baltimore, MD cost?
Over Asking Price158 Homes
At Asking Price116 Homes
Under Asking Price202 Homes
If you're buying a home in Baltimore, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.
Summary: A total of 476 homes were sold or pending in Baltimore in January 2025, down by 25.2% month-over-month. Of the 476 sold homes, 42% were sold under asking, 24% were sold at asking, and and 33% were sold over asking.
Days on Market for Baltimore, MD
How long does it take to sell a home in Baltimore, MD?
Breakdown of Home Sale Times
Under 30 Days254 Homes
30 – 90 Days160 Homes
Over 90 Days62 Homes
Many homes in Baltimore are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 476 homes were sold in Baltimore; 53% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearJan 2025 | ||
40 Days1 year agoJan 2024 | +13.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Baltimore had an average listing age of 45 days in Jan 2025, up by 13.4% compared to the previous year.
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Newest Listings in Baltimore, MD
What homes are available in Baltimore, MD?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.