The median sales price of a Baltimore city home in the first quarter of 2022 was $163,200, based on data from the 2,337 properties sold during that time. In 2018 the median tax bill for the county was $2,496, which is 1.5% of the median value of the homes that were taxed.
This is 1.4 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Baltimore city real estate data showed homeowners in Rosedale, Dundalk, and Baltimore paid the highest rates.
The following table compares Rosedale with some other cities belonging to Baltimore city by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.
City | Q1 2022 Sales | Q1 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Rosedale | 2 | $65,200 | $3,107 | 4.8% |
Dundalk | 4 | $113,040 | $2,397 | 2.1% |
Baltimore | 2,312 | $163,100 | $2,813 | 1.7% |
Towson | 9 | $190,000 | $3,083 | 1.6% |
Parkville | 6 | $216,250 | $3,398 | 1.6% |
Pikesville | 2 | $315,000 | $2,779 | 0.9% |