Median Home Value in Baltimore Hits $187,328 After 0.4% Annual Increase

The median home value in Baltimore, MD is $187,328, reflecting a 0.4% increase over the past year. Homes typically go under contract in about 19 days.

Baltimore’s real estate market has shown a mixed bag of growth and contraction over the past year, according to Zillow Home Value Index April 2025 data examining median home values across 30 ZIP codes. While some neighborhoods have experienced healthy appreciation, others continue to struggle with declining property values.

Home values across Baltimore range from under $100,000 in some central ZIP codes to nearly $500,000 in the northern parts of the city. In total, 22 of the 30 ZIP codes reported positive growth in median home values over the past year, while 8 saw declines.

The ZIP code 21227 (Halethorpe area) leads the city with the highest year-over-year value increase at 4.1%, with a current median home value of $307,532. Close behind is 21201 (Downtown Baltimore), which saw a 3.4% increase, reaching $221,882.

• 21207 (Gwynn Oak): +3.4% to $282,017
• 21236 (Perry Hall): +3.4% to $334,664
• 21214 (Hamilton): +3.1% to $251,970
• 21237 (Rosedale): +3.0% to $316,935

These gains suggest strong demand in select suburban and northwest neighborhoods, likely driven by affordability, transit access, and relative proximity to downtown.

Areas of Decline

On the other end of the spectrum, ZIP code 21217 (Upton/Druid Heights) experienced the sharpest drop in value, falling 10.7% to a median of just $91,995. Other significant declines include:

• 21205 (Broadway East/Orangeville): -7.2% to $113,230
• 21216 (Mosher/Bridgeview-Greenlawn): -4.2% to $118,663
• 21223 (Franklin Square/Mount Clare): -3.5% to $71,036

These areas, many in West and East Baltimore, continue to be impacted by long-term disinvestment and systemic challenges, though they may offer opportunities for redevelopment or affordable housing initiatives.

Most Expensive ZIP Codes

Affluent neighborhoods remain concentrated in North and Northwest Baltimore:

• 21210 (Roland Park/Guilford): $478,125 (+1.9%)
• 21209 (Mount Washington): $445,661 (+1.7%)
• 21228 (Catonsville): $426,059 (+2.2%)
• 21208 (Pikesville): $372,080 (+0.7%)

These stable and high-value areas continue to attract families and long-term residents due to their strong school systems, green spaces, and historic homes.

Affordable Growth Zones

Some ZIP codes with relatively low home prices also saw modest gains, indicating possible early-stage revitalization. Examples include:

• 21213 (Darley Park/Coldstream-Homestead-Montebello): +0.8% to $117,025
• 21218 (Waverly/Charles Village): +0.1% to $185,934

These areas could attract first-time homebuyers and investors seeking entry points into the Baltimore market.