In July, the median sale price of a home in Baltimore City rose by $19,000 from the same period in the previous year, while total sales increased by 5.6%, according to BlockShopper.com.
Data shows that there were 1,019 homes sold in July, with a median sale price of $159,000 - a 13.6% increase over the $140,000 median sale price for the same period of the previous year. There were 965 homes sold in Baltimore City in July 2023.
For context, the median sales tax in Baltimore City, based on the latest available data from 2022, was $2,612, which stands at 1.6% of July's median home sale price.
The following histogram displays changes in median sales prices in Baltimore City from July 2023 to July 2024.