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Anne Arundel Today

Sunday, November 17, 2024

Home prices in Baltimore City increased in 2022

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The median sale price of a home sold in 2022 in Baltimore City rose by $1,500 while total sales decreased by 24.2%.

From January through December of 2022, there were 13,915 homes sold, with a median sale price of $147,000 - a 1% increase over the $145,500 median sale price for the same period of the previous year. There were 18,353 homes sold in Baltimore City in 2021.

The median sales tax in Baltimore City for the most recent year with available data, 2018, was $2,496 approximately 1.7% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Baltimore City from January 2021 to December 2022.

20212022$145500$145500$147000$147000

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