Market Intelligence · MD / Baltimore

Baltimore, MD 21231 Housing Market

Typical home value in Baltimore 21231 is $291,837, down 4.1% over the past year. Homes are listed at a median price of $339,925 and spend a median 63 days on market.

Updated September 2026Median value$292K

The median home value in Baltimore, MD 21231 is $292K as of September 2026, down 4.1% 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 21231 range

$268K to $315K

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

-4.1% over 12 months

Sep 2025$304K

Low $292KHigh $304K

Sep 2026$292K

The numbers

What is the 21231 housing market like?

As of September 2026

Typical home value

$292K

4.1%YoY

Median list price

$340K

4.6%MoM

Days on market

10.5%MoM

Homes for sale

2.4%MoM

Price cuts

16.6%

37.0%MoM

New listings

6.3%MoM

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

The outlook

21231 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 21231 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 21231 fell 4.1%, per the Zillow Home Value Index.

Will home prices drop in 21231?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 21231 to stay roughly flat by September 2027 (up 0.1%), after a 4.1% 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 21231 home prices compare?

21231$291,837
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 21231 market shows signs of softness. There are 83 homes for sale, with 34 new listings in September 2026. The median listing price sits at $339,925, but the typical home value of $291,837 represents a year-over-year decline of 4.1%. With homes spending 63 days on market on average and 16.6% of listings carrying a price cut, sellers should expect slower movement and may need to price competitively to attract buyers.

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Down payment20% · $58,367

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Common questions

What people ask us.

What is the typical home value in 21231?

Typical home value in Baltimore 21231 is $291,837, down 4.1% over the past year as of September 2026.

How long do homes typically stay on the market in 21231?

Homes in 21231 have a median days on market of 63 as of September 2026.

What percentage of listings have had price cuts?

16.6% of listings in 21231 have had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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