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Baltimore City Wire

Thursday, November 7, 2024

Baltimore City median home valuation prices fell by 4.5% in September 2023 compared to September 2022

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In September 2023, the median sale price of a home in Baltimore City fell by $7,000 from the same period in the previous year, while total sales decreased by 24.3%, according to BlockShopper.com.

Data shows that there were 974 homes sold in September 2023, with a median sale price of $148,000 - a 4.5% decrease from the $155,000 median sale price for the same period of the previous year. There were 1,286 homes sold in Baltimore City in September 2022.

For context, the median sales tax in Baltimore City, based on the latest available data from 2018, was $2,496, which stands at 1.7% of September 2023's median home sale price.

The following histogram displays changes in median sales prices in Baltimore City from September 2022 to September 2023.

September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023$155,000$155,000$145,000$145,000$134,000$134,000$79,750$79,750$82,450$82,450$106,000$106,000$21,000$21,000$168,000$168,000$140,000$140,000$148,050$148,050$140,000$140,000$160,000$160,000$148,000$148,000

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