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Friday, November 22, 2024

Baltimore home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Baltimore rose by $8,200 while total sales decreased by 27.6%, according to BlockShopper.com.

In June 2018, there were 866 homes sold, with a median sale price of $125,200 - a 7% increase over the $117,000 median sale price for the same period of the previous year. There were 1,196 homes sold in Baltimore in June 2017.

The median sales tax in Baltimore for 2018 was $2,487. In 2017, the median sales tax was $2,463. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Baltimore to other Baltimore city County cities in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Towson330%$177,000$179,900-1.6%
Baltimore8661,196-27.6%$125,200$117,0007%
Parkville330%$103,000$125,000-17.6%
Dundalk5366.7%$71,333$69,9002.1%
Rosedale12-50%$50,000$106,200-52.9%
Pikesville01-100%$0$60,465-100%

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