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Anne Arundel Today

Tuesday, November 5, 2024

The first half of 2021: Home prices in Baltimore increased

Realestate077

The median sale price of a home sold in the first half of 2021 in Baltimore rose by $56,066 while total sales increased by 78%, according to BlockShopper.com.

From January through June of 2021, there were 8,918 homes sold, with a median sale price of $134,379 - a 71.6% increase over the $78,313 median sale price for the same period of the previous year. There were 5,010 homes sold in Baltimore in the first half of 2020.

The median sales tax in Baltimore for the most recent year with available data, 2018, was $2,490, approximately 1.9% of the median home sale price for the first half of 2021.

The following table compares Baltimore to other Baltimore city County cities in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Towson2911163.6%$180,500$144,00025.3%
Parkville93200%$165,000$165,0000%
Rosedale7616.7%$162,500$75,500115.2%
Pikesville6450%$137,500$110,00025%
Baltimore8,9185,01078%$134,378.50$78,312.5071.6%
Dundalk3114121.4%$96,000$89,4007.4%

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