New Weakening in Home Prices for Baltimore Real Estate Market

In this week's report, the number of homes sold in the Baltimore market slid to 610 over the past 30 days. It marked a decrease of 6.0% from last week's report and another period below the monthly average. Within the same time frame, Dundalk had 69 sales, the most of all cities in the area. The median sales price continued to fall, trending downwards for nearly three months to reach $120,000.

Trying to find an affordable a home? Take a look at these low-priced listings in Baltimore:

$101K   $102K   $103K  

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Demographic facts for Baltimore:

  • The median house value here is $93,300.
  • The area gets an average of 114 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.3%.
  • For every teacher there are 15.0 students in this area. (15.3 = national average)

Data reported through 10/12/2016

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