see also
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FAQs
Based on all homes sold in the last 12 months. Homes in Baltimore have sold for 2.4% more than they did a year ago. Summary: The median home sold price in Baltimore was $220,177 in June 2024, up 2.4% from last year , and the median price per square foot was $160.
Is this a good time to sell a house in Baltimore? ›
Best Time to Sell Your House for a Higher PriceMay, June, and July are the best months to sell your house in Maryland . The median sale price of houses in June 2023 was $387,600, which is expected to rise in 2024.
Is Baltimore, Maryland a good place to invest in real estate? ›
With its unique qualities and growth potential, Baltimore, Maryland, is one of the best cities to invest in real estate . Here, you'll be able to capitalize on benefits ranging from a diversified real estate portfolio to growth potential.
How to buy $1 house in Baltimore? ›
Purchase Information: Properties purchased for use as a primary residence will sell for $1!! Applicants must provide proof of available funding of no less than $90,000 to complete the renovations and are subject to the application vetting process . Applicants are required to pay a $100 application fee.
What is a good salary in Baltimore? ›
Living comfortably in Baltimore requires near $90,000 salary, study says. BALTIMORE -- If you're a single adult living in Baltimore, you'll need to make an $84,989 salary to 'live comfortably', according to a 2024 study by Smart Asset.
How many homes are vacant in Baltimore? ›
As of February 15, 2022, there are 14,989 vacant properties and only 1245 of those are owned by the City government. Properties that are privately owned must go through due process before the City can act to demolish those properties or make plans to take ownership and bring them back into productive use.
What's the best part of Baltimore to live in? ›
Canton. Fells Point & East Harbor. ... Federal Hill. ... Hampden. ... Towson. ... South Baltimore. ... Parkville. Perfect for young couples and professionals looking for a homey vibe and nature-filled parks. ... Roland Park. Perfect for those that enjoy a charming and serene neighborhood and don't mind being on the outskirts of Baltimore. ...
Is Baltimore selling vacant houses for $1? ›
Baltimore City is accepting applications from people interested in bringing vacant homes back to life. The city's Buy Into Bmore Fixed Pricing Program offers city-owned vacant houses for as cheap as $1 .
What is the average price of a house in Baltimore? ›
Baltimore, MD housing market$225K , trending up 12.6% year-over-year. The median listing home price per square foot was $164. The median home sold price was $200K.
Are house prices going down in Maryland? ›
Are Home Prices Dropping? While the overall home values have increased by 4.0% over the past year, certain regions in Maryland are expected to experience price declines . For example, Baltimore is forecasted to see a 3.6% decrease by May 2025.
March to June are the best months to buy a house in Maryland . During these months, low competition and competitive prices can get you a good deal on your future home.
Will recession drop home prices? ›
A recession can impact the housing market in several ways. Typically, buyer demand weakens due to economic uncertainty, potentially leading to price drops or mortgage rates typically drop .
What is the average price of a house in Baltimore Maryland? ›
Baltimore, MD housing market$225K , trending up 12.6% year-over-year. The median listing home price per square foot was $164. The median home sold price was $200K.
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