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Baltimore City Wire

Thursday, April 25, 2024

Baltimore home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Baltimore rose by $14,325 while total sales decreased by 27.7%, according to BlockShopper.com.

In May 2019, there were 566 homes sold, with a median sale price of $129,325 - a 12.5% increase over the $115,000 median sale price for the same period of the previous year. There were 783 homes sold in Baltimore in May 2018.

The median sales tax in Baltimore for the most recent year with available data, 2018, was $2,487, approximately 1.9% of the median home sale price for May 2019.

The following table compares Baltimore to other Baltimore city County cities in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Towson21100%$467,500$96,520384.4%
Dundalk330%$157,500$139,90012.6%
Baltimore566783-27.7%$129,325$115,00012.5%
Pikesville13-66.7%$80,000$155,000-48.4%
Parkville01-100%$0$238,000-100%
Rosedale00-$0$0-

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