Market Intelligence · MD / Baltimore

Baltimore, MD 21223 Housing Market

Typical home values in Baltimore 21223 have declined 6.7% over the past year, now sitting at $65,619. The median list price stands at $102,950, with homes spending a median of 79 days on the market as of September 2026.

Updated September 2026Median value$66K

The median home value in Baltimore, MD 21223 is $66K as of September 2026, down 6.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 21223 range

$60K to $71K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-6.7% over 12 months

Typical home value in 21223 over the last 12 months: $70K in Sep 2025 to $66K in Sep 2026 (-6.7%).

Sep 2025$70K

Sep 2026$66K

The numbers

What is the 21223 housing market like?

Typical home value

$66K

Down6.7%YoY

Median list price

$103K

Down2.0%MoM

Days on market

79

Up14.5%MoM

Homes for sale

297

Down2.3%MoM

Price cuts

19.0%

Down22.0%MoM

New listings

74

Up8.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

21223 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 21223 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 21223 fell 6.7%, per the Zillow Home Value Index.

Will home prices drop in 21223?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 21223 to stay roughly flat by September 2027 (up 0.1%), after a 6.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 21223 home prices compare?

  • 21223$65,619
  • Baltimore$214,757
  • Maryland$444,850
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Baltimore: 20 ZIPs; Maryland: 423 ZIPs; United States: 26,262 ZIPs).

Context

The market remains soft. With 297 homes for sale and 74 new listings in September 2026, inventory is substantial. Notably, 19.0% of listings have already seen a price cut, reflecting the challenge sellers face in a slow-moving market. At 79 days median on market, homes are taking time to find buyers. For sellers in this ZIP, patience and realistic pricing are essential in current conditions.

Monthly payment

Estimate your monthly payment.

20% · $13,124

Common questions

What people ask us.

What is a typical home worth in 21223?

Typical home values in this area are $65,619 as of September 2026, down 6.7% from the prior year.

How long do homes take to sell?

The median time on market is 79 days as of September 2026.

What are homes listed for?

The median list price is $102,950 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.