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Baltimore City Wire

Saturday, November 23, 2024

Median home valuation prices in Baltimore City fell to $160,000 in August 2023 compared to August 2022

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In August 2023, the median sale price of a home in Baltimore City fell by $4,000 from the same period in the previous year, while total sales decreased by 19.4%, according to BlockShopper.com.

Data shows that there were 1,389 homes sold in August 2023, with a median sale price of $160,000 - a 2.4% decrease from the $164,000 median sale price for the same period of the previous year. There were 1,723 homes sold in Baltimore City in August 2022.

For context, the median sales tax in Baltimore City, based on the latest available data from 2018, was $2,496, which stands at 1.6% of August 2023's median home sale price.

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

August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023$164,000$164,000$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

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