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Baltimore City Wire

Thursday, November 7, 2024

Baltimore City home prices rose in December 2023 compared to December 2022

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In December 2023, the median sale price of a home in Baltimore City rose by $45,250 from the same period in the previous year, while total sales increased by 358.8%, according to BlockShopper.com.

Data shows that there were 734 homes sold in December 2023, with a median sale price of $125,000 - a 56.7% increase over the $79,750 median sale price for the same period of the previous year. There were 160 homes sold in Baltimore City in December 2022.

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

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

December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023$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$134,000$134,000$138,000$138,000$125,000$125,000

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