Real Estate Market Update for Baltimore, MD
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 10% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 140-thousand dollars. The number of units sold decreased 3% year-over-year, and increased 7% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Baltimore, MD
Area Information for Baltimore, MD
  • Population: 623,277
  • Median Age: 35.52 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 7,700/sq mi
  • Population Change Since 2000: -4.28%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Maryland Institute College Of Art
  • Closest Jr. College: Baltimore City Community College
  • Median Household Income: $42,417
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $110,331
  • Closest Major Sports Team: Baltimore Orioles
  • Change Avg. Household Income Since 2000: 42.85%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Baltimore, MD
Median Age: 35.52 Married: 22% Number of Households: 251,600 Households with Children: 55,805
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Baltimore, MD

      School Name Distance Type Grades School Rating Parent Rating
      National Academy Foundation 0.4 mi Public 6-12 1 3
      Paul Laurence Dunbar High School 0.5 mi Public 9-12 2 3
      Institute Of Notre Dame 0.6 mi Catholic 9-12 0 3
      Cristo Rey Jesuit High School 0.9 mi Catholic 9-12 0 4
      St Frances Academy 1.0 mi Catholic 9-12 0 0
      Hampstead Hill Academy 1.2 mi Public PRESCHOOL-8 3 0
      The Reach! Partnership School 1.4 mi Public 6-12 0 0
      The Catholic High School Of Baltimore 1.4 mi Catholic 9-12 0 4
      Baltimore School For The Arts 1.4 mi Public 9-12 4 4
      Baltimore Leadership School For Young Women 1.5 mi Public 6-11 1 4
      Baltimore Lab School 1.7 mi Private 1-12 0 0
      Archbishop Curley High School 1.7 mi Catholic 9-12 0 4
      Digital Harbor High School 1.8 mi Public 9-12 1 3
      New Hope Academy 1.8 mi Public 6-12 0 4
      Midtown Academy 1.8 mi Public K-8 3 4
      Mount Royal Elementary/middle School 2.0 mi Public PRESCHOOL-8 2 5
      Brehms Lane Elementary School 2.0 mi Public PRESCHOOL-5 0 5
      Montebello Elementary School 2.0 mi Public PRESCHOOL-8 0 0
      Renaissance Academy 2.0 mi Public 9-12 0 2
      Baltimore City College 2.0 mi Public 9-12 4 4
      Mergenthaler Vocational-technical High School 2.3 mi Public 9-12 1 3
      Vivien T. Thomas Medical Arts Academy 2.7 mi Public 9-12 1 4
      St. Elizabeth School 2.8 mi Catholic 1-12 0 0
      Maritime Industries Academy 2.9 mi Public 9-12 0 0
      Greater Grace Christian Academy 2.9 mi Private K-12 0 0
      Patterson High School 3.0 mi Public 9-12 0 1
      Independence School Local I 3.3 mi Public 9-12 1 0
      Academy For College And Career Exploration 3.3 mi Public 6-12 0 1
      Carver Vocational-technical High School 3.3 mi Public 9-12 1 3
      New Era Academy 3.5 mi Public 6-12 0 4
      Frederick Douglass High School 3.6 mi Public 9-12 0 0
      Coppin Academy 3.7 mi Public 9-12 1 0
      The Seed School Of Maryland 4.0 mi Public 6-12 1 4
      Augusta Fells Savage Institute Of Visual Arts 4.0 mi Public 9-12 0 2
      City Neighbors Hamilton 4.0 mi Public K-6 2 0
      Connexions Community Leadership Academy 4.1 mi Public 6-12 1 4
      Md Academy Of Technology And Health Sciences Middle/high School 4.1 mi Public 7-8 1 0
      Baltimore Polytechnic Institute 4.2 mi Public 9-12 5 4
      Friends School Of Baltimore 4.4 mi Private PRESCHOOL-12 0 0
      Western High School 4.4 mi Public 9-12 4 4
      Dundalk High School 4.5 mi Public 9-12 2 4
      Benjamin Franklin High School At Masonville Cove 4.6 mi Public 9-12 1 3
      K.a.s.a. (knowledge And Success Academy) 4.6 mi Public 6-12 0 0
      The Seton Keough High School 4.7 mi Catholic 9-12 0 4
      Mercy High School 4.7 mi Catholic 9-12 0 3
      Roland Park Elementary/middle School 4.7 mi Public PRESCHOOL-8 5 0
      Roland Park Country School 4.7 mi Private K-12 0 0
      Reginald F. Lewis High School 4.7 mi Public 9-12 0 3
      Dundalk Elementary School 4.7 mi Public PRESCHOOL-5 1 3
      Gilman School 4.9 mi Private K-12 0 0
      Lansdowne High & Academy Of Finance 4.9 mi Public 9-12 1 3
      High Road School Of Baltimore County 4.9 mi Private 2-12 0 0
      Friendship Academy Of Engineering And Technology 4.9 mi Public 6-12 0 3
      The Bryn Mawr School 5.0 mi Private PRESCHOOL-12 0 0
      Edmondson-westside High School 5.3 mi Public 9-12 0 3
      Mount Saint Joseph High School 5.4 mi Catholic 9-12 0 3
      Golden Ring Middle School 5.4 mi Public 6-8 1 3
      Overlea High & Academy Of Finance 5.6 mi Public 9-12 2 3
      Boys Latin School Of Maryland 5.6 mi Private K-12 0 0
      Baltimore Actor's Theatre - The Convervatory 5.7 mi Private 3-12 0 0
      Forest Park High School 5.8 mi Public 9-12 0 1
      Patapsco High & Center For Arts 5.9 mi Public 9-12 3 3
      Bais Yaakov Eva Winer High School 6.4 mi Private 9-12 0 4
      Towson High Law & Public Policy 6.4 mi Public 9-12 4 4
      Parkville Middle & Center Of Technology 6.5 mi Public 6-8 4 3
      Calvert Hall College High School 6.6 mi Catholic 9-12 0 4
      Eastern Technical High School 6.6 mi Public 9-12 5 4
      Parkville High & Center For Math/science 6.7 mi Public 9-12 2 3
      Western School Of Technology & Env. Science 6.8 mi Public 9-12 4 4
      Cross Country Elementary School 6.8 mi Public PRESCHOOL-8 2 0
      Bnos Yisroel 6.9 mi Private PRESCHOOL-12 0 0
      Mount De Sales High School 7.0 mi Catholic 9-12 0 4
      Kenwood High School 7.2 mi Public 9-12 1 3
      Deep Creek Elementary School 7.3 mi Public 1-5 0 2
      Summit Park Elementary School 7.3 mi Public K-5 5 0
      Loyola Blakefield 7.4 mi Catholic 6-12 0 4
      Loch Raven High School 7.4 mi Public 9-12 4 3
      Baltimore Middle & Upper School 7.5 mi Private 6-12 0 5
      Baltimore Design School 7.6 mi Public 6-10 1 0
      Northwestern High School 7.6 mi Public 9-12 0 4
      West Towson Elementary School 7.6 mi Public K-5 5 0
      George W. Carver Center For Arts & Technology 7.7 mi Public 9-12 4 3
      Our Lady Of Mt Carmel School 7.8 mi Catholic 9-12 0 0
      Woodlawn High Center For Pre-eng. Res. 7.8 mi Public 9-12 1 3
      Pikesville High School 8.0 mi Public 9-12 4 3
      Catonsville High School 8.0 mi Public 9-12 4 3
      Park School Of Baltimore 8.0 mi Private PRESCHOOL-12 0 0
      The Shoshana S Cardin School 8.1 mi Private 9-12 0 3
      Notre Dame Preparatory School 8.2 mi Catholic 6-12 0 4
      Al-rahmah School 8.4 mi Private K-12 0 0
      Riderwood Elementary School 8.6 mi Public K-5 5 0
      Beth Tfiloh Dahan Community School 8.6 mi Private PRESCHOOL-12 0 0
      Sparrows Point High School 8.9 mi Public 9-12 3 3
      Chesapeake High School 9.1 mi Public 9-12 1 3
      Perry Hall Middle School 9.2 mi Public 6-8 5 0
      New Mark Of Excellence School 9.2 mi Private PRESCHOOL-12 0 0
      Milford Mill Academy 9.4 mi Public 9-12 2 3
      Perry Hall High School 9.4 mi Public 9-12 4 4
      Westchester Elementary School 9.7 mi Public PRESCHOOL-5 4 0
      Deep Run Elementary School 13.2 mi Public PRESCHOOL-5 3 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Baltimore, MD
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.