Real Estate Market Update for Baltimore, MD
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was stable compared to one year earlier, and down 2% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold decreased 4% year-over-year, and increased 5% 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.
Map Information for Baltimore, MD
Area Information for Baltimore, MD
  • Population: 615,410
  • Median Age: 33.95 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 7,603/sq mi
  • Population Change Since 2000: -5.49%
  • Closest Airport: Baltimore/washington International Thurgood Marshall
  • Closest College: Peabody Institute
  • Closest Jr. College: Baltimore City Community College
  • Median Household Income: $40,366
  • Annual Residential Turnover: 17.1%
  • Median Years in Residence: 3.58 yr
  • Median Home Sales Price: $119,900
  • Closest Major Sports Team: Orioles
  • Change Avg. Household Income Since 2000: 34%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Baltimore, MD
Median Age: 33.95 Married: 18% Number of Households: 262,159 Households with Children: 76,022
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 GreatSchools Rating Parent Rating
      Kennedy Krieger School 0.4 mi Private K-8 0 4
      Community Initiatives Academy 0.4 mi Private 1-12 0 4
      St. James & St. John School 0.6 mi Catholic PRESCHOOL-5 0 4
      Patterson Park Public Charter School 0.8 mi Public PRESCHOOL-8 2-5 4
      The Crossroads School 1.2 mi Public 6-8 3 5
      Hampstead Hill Academy 1.2 mi Public PRESCHOOL-8 3 4
      Cecil Elementary School 1.3 mi Public PRESCHOOL-5 3 4
      New Foundations 1.3 mi Private 5-12 0 5
      The Catholic High School Of Baltimore 1.4 mi Catholic 9-12 0 4
      Baltimore School For The Arts High 1.4 mi Public 9-12 4 4
      Grace & St. Peters School 1.5 mi Private PRESCHOOL-5 0 4
      Archbishop Borders School 1.6 mi Catholic PRESCHOOL-8 0 5
      Baltimore Lab School 1.7 mi Private 1-12 0 4
      Archbishop Curley High School 1.7 mi Catholic 9-12 0 5
      St. Ignatius Loyola Academy 2.0 mi Catholic 6-8 0 5
      Montebello Elementary/middle School 2.0 mi Public PRESCHOOL-8 1 5
      Thomas Johnson Elementary/middle School 2.2 mi Public PRESCHOOL-8 3-5 4
      St. Francis Of Assisi School 2.3 mi Catholic PRESCHOOL-8 0 4
      Islamic Community School 2.7 mi Private 1-12 0 4
      Our Lady Of Fatima School 2.8 mi Catholic PRESCHOOL-8 0 5
      New Song Academy 2.9 mi Public PRESCHOOL-8 2-5 4
      Graceland-o'donnell Heights Elementary/middle School 3.0 mi Public PRESCHOOL-8 1 5
      St. Thomas Aquinas School 3.3 mi Catholic PRESCHOOL-8 0 5
      Lois T. Murray Elementary School 3.3 mi Public PRESCHOOL-8 0 3
      Mother Mary Lange Catholic School 3.4 mi Catholic PRESCHOOL-8 0 4
      Mary Ann Winterling Elementary School 3.4 mi Public PRESCHOOL-5 3 4
      Zion Christian Middle School 3.4 mi Private 6-8 0 4
      New Era Academy 3.6 mi Public 6-12 1 4
      William S. Baer School 3.6 mi Public PRESCHOOL-12 0 5
      Mount Pleasant Christian School 3.9 mi Private K-8 0 5
      Medfield Heights Elementary School 4.0 mi Public PRESCHOOL-5 3-5 5
      Norwood Elementary School 4.0 mi Public PRESCHOOL-3 2 5
      Baltimore Polytechnic Institute 4.2 mi Public 9-12 4-5 4
      Friends School Of Baltimore 4.4 mi Private PRESCHOOL-12 0 5
      Cardinal Gibbons School 4.5 mi Catholic 8-12 0 4
      City Neighbors Charter Elementary/middle School 4.6 mi Public K-8 2-5 5
      Rosedale Center 4.8 mi Public 6-12 0 5
      Waldorf School Of Baltimore 4.8 mi Private PRESCHOOL-8 0 5
      Hamilton Christian Center 4.8 mi Private PRESCHOOL-3 0 4
      Gilman School 4.9 mi Private PRESCHOOL-12 0 5
      Lansdowne Elementary School 4.9 mi Public PRESCHOOL-5 4-5 4
      Red House Run Elementary School 4.9 mi Public PRESCHOOL-5 3 5
      St. Michael The Archangel School 5.3 mi Catholic PRESCHOOL-8 0 4
      Mount St. Joseph High School 5.4 mi Catholic 9-12 0 5
      Brooklyn Park Elementary School 5.5 mi Public PRESCHOOL-5 2 5
      Ucp Delrey School 5.5 mi Private UNGRADE-UNGRADE 0 5
      The Maryland School For The Blind 5.5 mi Private PRESCHOOL-12 0 5
      Charlesmont Elementary School 5.7 mi Public PRESCHOOL-5 3-5 5
      Stoneleigh Elementary School 5.7 mi Public K-5 5 5
      Sollers Point Technical High School 5.8 mi Public 9-12 0 4
      Baltimore Actor's Theatre - The Convervatory 5.8 mi Private 4-10 0 5
      Rodgers Forge Elementary School 5.8 mi Public K-5 5 5
      Essex Elementary School 6.0 mi Public K-5 3 4
      Gods Little Cherubs Elementary School 6.2 mi Private PRESCHOOL-3 0 0
      Calvert Hall College High School 6.3 mi Catholic 9-12 0 4
      Bais Yaakov Eva Winer High School 6.4 mi Private 9-12 0 5
      Sussex Elementary School 6.4 mi Public PRESCHOOL-5 3 4
      Lamb Of God School 6.6 mi Private K-8 0 5
      Immaculate Heart Of Mary School 6.6 mi Catholic PRESCHOOL-8 0 5
      St. Peters Christian Day School 6.6 mi Private PRESCHOOL-5 0 5
      Ascension Parish School 6.6 mi Catholic PRESCHOOL-8 0 5
      Western School Of Technology And Environmental Science 6.8 mi Public 9-12 5 4
      Bnos Yisroel 6.9 mi Private PRESCHOOL-12 0 5
      Chimes School 7.0 mi Private K-12 0 0
      Gateway School 7.1 mi Private PRESCHOOL-6 0 5
      Orems Elementary School 7.1 mi Public PRESCHOOL-5 3-5 5
      Bais Hamedrash & Mesivta Of Baltimore 7.2 mi Private 9-12 0 4
      Cromwell Valley Elementary Technology 7.3 mi Public K-5 4-5 5
      Rosedale Baptist School 7.4 mi Private PRESCHOOL-12 0 5
      St. Stephens Christian Academy 7.5 mi Private K-3 0 5
      Mars Estates Elementary School 7.5 mi Public PRESCHOOL-5 1 5
      West Towson Elementary School 7.6 mi Public K-5 4-5 0
      George W. Carver Center For Arts & Technology 7.7 mi Public 9-12 5 4
      Our Lady Of Mount Carmel Elementary School 7.7 mi Catholic PRESCHOOL-8 0 5
      Apple Ridge Montessori School 7.8 mi Private PRESCHOOL-1 0 5
      Milbrook Elementary School 7.8 mi Public 1-5 2-5 4
      St. Joseph School-fullerton 7.8 mi Catholic PRESCHOOL-8 0 5
      Relay Children's Center 7.9 mi Private PRESCHOOL-7 0 5
      The Shoshana S Cardin School 8.1 mi Private 9-12 0 4
      Glenmar Elementary School 8.2 mi Public PRESCHOOL-5 2-5 4
      Martin Boulevard Elementary School 8.4 mi Public PRESCHOOL-5 2-5 4
      Pine Grove Elementary School 8.5 mi Public PRESCHOOL-5 4-5 5
      Hillcrest Elementary School 8.6 mi Public K-5 5 5
      Cambridge School 8.9 mi Private K-8 0 5
      Sparrows Point High School 8.9 mi Public 9-12 3-5 4
      St. Augustine School 9.1 mi Catholic PRESCHOOL-8 0 5
      Krieger Schechter Day School 9.2 mi Private K-8 0 5
      Fort Garrison Elementary School 9.3 mi Public K-5 3-5 5
      Seven Oaks Elementary School 9.3 mi Public PRESCHOOL-5 3-5 5
      Chesapeake Terrace Elementary School 9.3 mi Public PRESCHOOL-5 4 5
      Chadwick Elementary School 9.4 mi Public PRESCHOOL-5 5 5
      Westchester Elementary School 9.7 mi Public PRESCHOOL-5 4 5
      Elkridge Elementary School 9.7 mi Public K-5 3 4
      Catonsville Middle School 9.7 mi Public 6-8 4-5 5
      Gunpowder Elementary School 10.3 mi Public K-5 4 5
      Woodholme Elementary School 10.5 mi Public PRESCHOOL-5 4 5
      Seneca Elementary School 10.9 mi Public PRESCHOOL-5 3-5 5
      Chase Elementary School 11.0 mi Public PRESCHOOL-5 3 5
      Deep Run Elementary School 13.2 mi Public PRESCHOOL-5 3-5 4
      Oliver Beach Elementary School 13.5 mi Public PRESCHOOL-5 3 5
      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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Baltimore, MD
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.