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Baltimore City Wire

Thursday, November 7, 2024

Baltimore City median home valuation prices rose by 12.4% in August 2024 compared to August 2023

Realestate4

In August, the median sale price of a home in Baltimore City rose by $19,900 from the same period in the previous year, while total sales decreased by 43.1%, according to BlockShopper.com.

Data shows that there were 791 homes sold in August, with a median sale price of $179,900 - a 12.4% increase over the $160,000 median sale price for the same period of the previous year. There were 1,389 homes sold in Baltimore City in August 2023.

For context, the median sales tax in Baltimore City, based on the latest available data from 2022, was $2,612, which stands at 1.5% of August's median home sale price.

The following histogram displays changes in median sales prices in Baltimore City from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$160,000$160,000$148,000$148,000$134,000$134,000$138,000$138,000$125,000$125,000$144,500$144,500$130,000$130,000$136,750$136,750$135,000$135,000$102,500$102,500$159,900$159,900$159,000$159,000$179,900$179,900

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