What is the median home value in Baltimore, MD?

The median value of owner-occupied homes in Baltimore, MD is $229,600 (±$3,425), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Baltimore, the median home value went from $160,100 in 2015–2019 to $229,600 in 2020–2024 (+43.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$229,600 (±$3,425)
Owner-occupied homes
121,471 (±2,110)
Most common range
$200,000 to $299,999

Home values in Baltimore

Owner-occupied homes by value, 2020–2024
ValueBaltimoreBaltimore cityMarylandUnited States
Less than $50,0005.9% (±0.5 points)5.9%3.0%5.3%
$50,000 to $99,9998.2% (±0.7 points)8.2%2.0%6.1%
$100,000 to $149,99911.1% (±0.7 points)11.1%2.7%6.8%
$150,000 to $199,99915.4% (±1.0 points)15.4%4.8%9.0%
$200,000 to $299,99927.2% (±1.0 points)27.2%14.8%17.8%
$300,000 to $499,99922.5% (±1.0 points)22.5%37.1%26.9%
$500,000 to $999,9998.2% (±0.6 points)8.2%29.7%20.9%
$1,000,000 or more1.5% (±0.2 points)1.5%6.0%7.1%

The most common range is $200,000 to $299,999, 27.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Baltimore against Baltimore city, its state and the nation

Estimate (90% margin of error)
BaltimoreBaltimore cityMarylandUnited States
Median home value$229,600 (±$3,425)$229,600 (±$3,425)$419,900 (±$1,385)$332,700
Owner-occupied homes121,471 (±2,110)121,471 (±2,110)1,597,565 (±8,362)84,210,142

In Baltimore, the median home value is not measurably different from Baltimore city ($229,600).

It is also lower than in Maryland ($419,900).

It is lower than the national figure ($332,700).

Statewide, it ranks 335 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Baltimore have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$160,100 (±$1,705)$229,600 (±$3,425)+43.4%Up after inflation
Median owner cost with a mortgage$1,474 (±$19)$1,789 (±$29)+21.4%No measurable change after inflation
Median real estate taxes$2,758 (±$28)$3,354 (±$56)+21.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Baltimore

Nearest places with a published estimate, compared with Baltimore
PlaceDistanceMedian home valueCompared with this place
Baltimore—$229,600 (±$3,425)—
Baltimore Highlands4.7 mi$267,200 (±$16,878)Higher
Lansdowne5.3 mi$214,000 (±$30,414)Not measurably different
Brooklyn Park5.6 mi$284,300 (±$30,279)Higher
Rosedale5.8 mi$276,200 (±$11,053)Higher
Arbutus5.9 mi$322,600 (±$12,756)Higher
Dundalk6.5 mi$212,700 (±$5,155)Lower
Towson6.5 mi$469,000 (±$12,664)Higher
Parkville6.5 mi$260,400 (±$9,944)Higher

Nearby places with a measurably lower figure: Dundalk, MD ($212,700).

Nearby places with a measurably higher figure: Baltimore Highlands, MD ($267,200), Brooklyn Park, MD ($284,300), Rosedale, MD ($276,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Baltimore

What is the average home value in Baltimore, MD?

The Census Bureau publishes the median: $229,600 (±$3,425) for owner-occupied homes in Baltimore (2020–2024 American Community Survey).

Have home values in Baltimore gone up?

In Baltimore, the median home value went from $160,100 in 2015–2019 to $229,600 in 2020–2024 (+43.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Baltimore sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Baltimore city, Maryland (place:04000, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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