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Baltimore City Wire

Thursday, November 7, 2024

Baltimore City home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Baltimore City rose by $9,505 while total sales decreased by 25.2%.

From January through June of 2022, there were 7,221 homes sold, with a median sale price of $144,500 - a 7% increase over the $134,995 median sale price for the same period of the previous year. There were 9,657 homes sold in Baltimore City in the first half of 2021.

The median sales tax in Baltimore City for the most recent year with available data, 2018, was $2,496 approximately 1.7% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Baltimore City from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$134995$134995$160000$160000$144500$144500

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