Single-family Foreclosures in Baltimore, MD 21213

Current Market Conditions in Baltimore, MD

The Baltimore real estate market is currently experiencing a moderate growth phase, with home prices steadily rising over the past year. The demand for homes, especially in desirable neighborhoods like Federal Hill and Canton, has increased as buyers seek to capitalize on urban living conveniences combined with suburban amenities.

Despite a recent increase in interest rates, the market maintains a competitive edge, with limited inventory leading to multiple offers on well-priced homes. Buyers are encouraged to act swiftly, as homes tend to sell quickly in Baltimore's sought-after areas.

Rent Prices In Baltimore, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Baltimore, MD, is on a rollercoaster ride. The average rent price in Baltimore, MD, is $1,564.00. Indeed, when looking to rent in Baltimore, MD, you can expect to pay as little as $620.00 or as much as $4,440.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Baltimore, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.